MedAdvisor Limited Reports Remarkable Turnaround

MedAdvisor Limited (AU:MDR) has released an update.

MedAdvisor Limited has reported a significant upswing in its financial performance for the year ended June 2024, with revenues climbing by 24.7% and profit after tax soaring by 107% compared to the previous year. Despite these gains, the company did not pay, recommend, or declare any dividends during the period. The reported profit marks a remarkable turnaround from the prior year’s loss of over $11 million.

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