Uscom Limited: Revenue Up, Losses Down

Uscom Limited (AU:UCM) has released an update.

Uscom Limited has reported a significant revenue increase of 33% to $4,213,454 for the financial year ending June 30, 2024, alongside a 20% reduction in losses to $2,074,749, as detailed in their preliminary final report. Despite these improved financials, the company has decided not to issue dividends. The audit report has been completed and is unqualified, indicating a stable financial position with $2,519,911 in cash held at the end of the year.

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