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Ten Sixty Four Limited Reports Sharp Revenue Decline and Net Loss for FY2024

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Ten Sixty Four Limited Reports Sharp Revenue Decline and Net Loss for FY2024

Ten Sixty Four Limited ( (AU:X64) ) just unveiled an announcement.

Ten Sixty Four Limited reported a significant decrease in revenues from US$115,110,000 in FY2023 to US$6,565,000 in FY2024, alongside a net loss of US$326,000 for the year ending 30 June 2024. This financial downturn, highlighted by a modified audit opinion, indicates operational challenges, potentially impacting the company’s market positioning and stakeholder confidence.

More about Ten Sixty Four Limited

Ten Sixty Four Limited operates within the mining industry, focusing on investments and operations through its subsidiaries, such as Philsaga Management and Holdings, Inc. (PMHI) and Philsaga Mining Corporation.

YTD Price Performance: -80.0%

Average Trading Volume: 3,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $81.2M

See more data about X64 stock on TipRanks’ Stock Analysis page.

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