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SIV Capital Limited Reports Increased Losses and Declining Revenue in Half-Year Results

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SIV Capital Limited Reports Increased Losses and Declining Revenue in Half-Year Results

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SIV Capital Limited ( (AU:SIV) ) has shared an announcement.

SIV Capital Limited announced its half-year financial results for the period ending December 31, 2024, revealing a notable decrease in revenue and a significant increase in net loss compared to the previous year. The company experienced a 13.8% decline in revenue from ordinary activities, amounting to $315,318, and a net loss for the period of $133,157, marking a 328.8% increase from the prior year. No dividends were declared for the financial year ending June 30, 2024, or for the current period. Despite these challenges, the net tangible assets per share increased slightly to 17.25 cents from 16.70 cents in December 2023, offering a small positive note for stakeholders. The report indicates no changes in control over subsidiaries or associates, and the financial results have been reviewed by Hall Chadwick QLD.

More about SIV Capital Limited

Average Trading Volume: 15,540

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$7.1M

For a thorough assessment of SIV stock, go to TipRanks’ Stock Analysis page.

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