Superloop Ltd. (AU:SLC) has released an update.
Superloop Ltd. reported a significant revenue increase of 29.3% to $416.6 million in the full year ended 30 June 2024, driven by organic growth and recent acquisitions. Despite the rise in revenue, the company experienced a net loss after tax of $14.7 million, which is a notable improvement from the previous year’s loss of $43.2 million. Superloop’s net tangible assets per share also saw a considerable rise of 46.7%, yet no dividend was declared for the year.
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