Multistack International Faces Sharp Revenue Decline

Multistack International Limited (AU:MSI) has released an update.

Multistack International Limited reports a significant 86.01% drop in revenues to $205,332 and an increase in net loss by 69.48% to $851,104 for the half-year ended June 30, 2024, compared to the previous year. The company has not declared any dividends for this period, and an independent review highlights a material uncertainty regarding the company’s ability to continue as a going concern.

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