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RMA Global Ltd. Cuts Losses, Grows Revenue
Company Announcements

RMA Global Ltd. Cuts Losses, Grows Revenue

RMA Global Ltd. (AU:RMY) has released an update.

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RMA Global Ltd. reported a revenue increase of 6% to $18.75 million in FY24, while reducing its loss from ordinary activities by 24%, indicating a positive shift towards financial stability. However, the company did not declare any dividends and saw a decrease in net tangible asset backing per share. The full details of their financial performance have been disclosed in their Annual Report filed with the Australian Securities Exchange on August 30, 2024.

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

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