TerraCom Limited Reports Decline in Half-Year Financial Performance

The latest update is out from TerraCom Limited ( (AU:TER) ).

TerraCom Limited announced a significant decline in its financial performance for the half-year ending December 2024, with revenue dropping by 21%, EBITDA by 69%, and profit after tax by 91% compared to the previous period. Despite these challenges, the company declared a dividend for the six months ending December 2024, although no dividend was declared for the last quarter. The company’s net tangible assets per ordinary security slightly decreased, and there were no changes in control over entities or audit qualifications.

More about TerraCom Limited

TerraCom Limited is an Australian-based mining resources company with a global presence, operating primarily in the coal sectors in Australia and South Africa. It is recognized as a low-cost producer, focusing on delivering high returns from its diversified asset portfolio.

YTD Price Performance: -27.78%

Average Trading Volume: 1,220,901

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$104.1M

For detailed information about TER stock, go to TipRanks’ Stock Analysis page.