Hygrovest Limited (AU:HGV) has released an update.
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Hygrovest Limited reported a significant reduction in losses to $0.1m for the financial year ended 30 June 2024, down from a $4m loss the previous year, largely due to gains from investment revaluations, despite a write-off from insolvent Medio Labs. The company’s operating overheads decreased to $1.1m, and net tangible assets per share saw a slight decrease from 9.18 cents to 9.1 cents. No dividends were paid or declared during the period, and the company’s annual report, including audited financial statements, is attached.
For further insights into AU:HGV stock, check out TipRanks’ Stock Analysis page.
