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Omni Bridgeway Reports Strong Revenue Growth Amid Losses
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Omni Bridgeway Reports Strong Revenue Growth Amid Losses

Omni Bridgeway (AU:OBL) has released an update.

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Omni Bridgeway Limited experienced a significant surge in revenue, reporting a 304% increase and a substantial profit rise with profits up by 3437% for the fiscal year ending June 30, 2024. However, the company also reported a considerable net loss of 176% due to losses from ordinary activities after tax. Despite these fluctuations, the firm’s total comprehensive income after tax grew by 62%, although they have decided against paying a final dividend for the year.

For further insights into AU:OBL stock, check out TipRanks’ Stock Analysis page.

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