tiprankstipranks
Wide Open Agriculture Reduces Annual Loss, Refocuses Business
Company Announcements

Wide Open Agriculture Reduces Annual Loss, Refocuses Business

Wide Open Agriculture Ltd. (AU:WOA) has released an update.

Stay Ahead of the Market:

Wide Open Agriculture Ltd reported a reduced annual loss of $12.7 million for the year ended June 30, 2024, a 13% improvement from the previous year. The company has sold its subsidiary, Dirty Clean Food, to focus on its plant-protein portfolio and has acquired a new manufacturing facility in Germany to advance production capabilities. Despite these changes, no dividends were paid to shareholders, and the net tangible assets per share decreased from 7.06c to 4.57c.

For further insights into AU:WOA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskWide Open Agriculture Aligns Leadership with Future Growth
TipRanks Australian Auto-Generated NewsdeskWide Open Agriculture Adjusts Strategy Amid German Investment Hold
TipRanks Australian Auto-Generated NewsdeskWide Open Agriculture Updates Constitution for Sustainable Future
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