Invion Limited Faces Substantial Financial Decline

Invion Ltd. (AU:IVX) has released an update.

Invion Limited has reported a significant downturn in its financial performance for the fiscal year ending June 30, 2024, with revenues falling by 10% to $3,694,256 and losses increasing sharply by 248.5% to $5,627,765. The company also noted a decrease in net tangible assets per share from 0.08 cents to 0.02 cents and did not declare any dividends for the current financial period.

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