tiprankstipranks
Silex Systems Reports Revenue Rise and Higher Losses
Company Announcements

Silex Systems Reports Revenue Rise and Higher Losses

Silex Systems Limited (AU:SLX) has released an update.

Don't Miss our Black Friday Offers:

Silex Systems Limited reported an increase in revenue by 39.8% and other income by 53.1% for the financial year ended June 30, 2024, despite a notable 30.9% rise in net losses after tax. The company’s cash reserves decreased by 18.1% and its net tangible asset backing per ordinary security declined from 63.16 to 55.70 cents. No dividends were paid or proposed during this period, as stated in the company’s unqualified audit report.

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

Related Articles
TipRanks Australian Auto-Generated NewsdeskSilex Systems Gains Shareholder Confidence at AGM
TipRanks Australian Auto-Generated NewsdeskSilex Systems Explores New Frontiers in Technology
TipRanks Australian Auto-Generated NewsdeskSilex Systems Poised for Growth in Nuclear Fuel Market
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App