ZIMI Ltd Reports Major Revenue Jump and Loss Reduction

ZIMI Ltd (AU:ZMM) has released an update.

ZIMI Ltd reported a significant increase in revenue by 1,370.1% for the year ended June 2024, despite a net loss which improved by 37.3% from the previous year. No dividends were declared, and the net tangible assets per security saw a decrease of 85.5%. The company’s financial report has been audited with an unmodified opinion, noting a material uncertainty regarding the company’s ability to continue as a going concern.

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