My Rewards International Limited ( (AU:MRI) ) has provided an update.
My Rewards International Limited reported a significant 75.1% decline in revenue for the half-year ending December 2024, primarily due to changes in rewards offers from key suppliers and the loss of two major clients. Despite these challenges, the company managed to reduce its net loss by 21.5% through strategic cost-cutting measures. The company is focusing on identifying new revenue opportunities and strengthening relationships to improve financial stability and long-term growth prospects.
More about My Rewards International Limited
My Rewards International Limited operates in the rewards and loyalty industry, focusing on providing rewards offers and solutions to clients and customers. The company is involved in managing relationships with suppliers and clients to maintain transaction volumes and enhance financial stability.
Average Trading Volume: 20,000
Technical Sentiment Signal: Buy
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