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Motio Limited Reports Strong Revenue Growth and Reduced Losses

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Motio Limited Reports Strong Revenue Growth and Reduced Losses

The latest announcement is out from Motio Limited ( (AU:MXO) ).

Motio Limited has reported a significant increase in revenue from continuing operations by 44% to $5,280,581 for the half year ended 31 December 2024. The company also reported a substantial decrease in loss after tax by 88% to $160,834, reflecting improved financial performance. The company previously held a 42.9% interest in Contact Light Pty Ltd, which was deregistered in November 2024. The financial statements have been reviewed by auditors, and no dividends are proposed for this period.

More about Motio Limited

YTD Price Performance: 6.67%

Average Trading Volume: 268,292

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$8.91M

See more insights into MXO stock on TipRanks’ Stock Analysis page.

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