Vection Technologies Adjusts Financial Results
Company Announcements

Vection Technologies Adjusts Financial Results

Vection Technologies Ltd. (AU:VR1) has released an update.

Vection Technologies Ltd has reported alterations to its preliminary financial results, including a revenue reduction of $165,246 due to deferred sales, adjustments to share-based payment reserves decreasing loss, and reclassification of work in progress affecting trade receivables and inventories. These changes were identified during the final audit after the initial unaudited report, impacting the company’s financial position and profit or loss statements for the fiscal year ended June 30, 2024.

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