tiprankstipranks
Company Announcements

ZIMI Ltd Reports Significant Revenue Decline and Increased Losses

Story Highlights
ZIMI Ltd Reports Significant Revenue Decline and Increased Losses

ZIMI Ltd ( (AU:ZMM) ) has provided an announcement.

ZIMI Ltd reported a significant decline in revenue for the half-year ended December 31, 2024, with a decrease of 83% compared to the same period in 2023. The company also experienced a slight increase in net loss, with no dividends declared or proposed. The interim financial report, reviewed by HLB Mann Judd, highlights a material uncertainty regarding the company’s ability to continue as a going concern.

More about ZIMI Ltd

Average Trading Volume: 188,289

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$3.87M

Find detailed analytics on ZMM stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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