tiprankstipranks
Company Announcements

Touch Ventures Reports Increased Losses Amid 2024 Financial Struggles

Story Highlights
Touch Ventures Reports Increased Losses Amid 2024 Financial Struggles

Discover the Best Stocks and Maximize Your Portfolio:

An announcement from Touch Ventures Ltd. ( (AU:TVL) ) is now available.

Touch Ventures Limited reported a significant increase in its financial losses for the year ending December 31, 2024, with a 218% decline in gain/loss on financial assets and a 61% decrease in net profit before tax compared to the previous year. The company announced it will not distribute dividends, highlighting a challenging financial period impacting its performance and shareholder returns.

More about Touch Ventures Ltd.

Touch Ventures Limited, listed on the ASX under the ticker TVL, operates in the financial sector, focusing on managing and investing in financial assets. The company does not engage in any joint ventures or associate investments.

YTD Price Performance: 17.14%

Average Trading Volume: 804,734

Technical Sentiment Consensus Rating: Sell

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

Related Articles
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
1