IOUpay Limited ( (AU:OVT) ) just unveiled an announcement.
Ovanti Limited reported a significant decline in its financial performance for the half-year ended December 31, 2024, with revenues falling by 37% to $2,075,144 and a substantial increase in losses by 64.2% to $4,734,891. The loss was exacerbated by an impairment of $1,681,947 related to the reclassification of an investment asset to non-current assets held for sale, indicating potential challenges in asset management and financial strategy.
More about IOUpay Limited
YTD Price Performance: -40.0%
Average Trading Volume: 25,505,043
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$16.32M
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