tiprankstipranks
Zoono Reports Sharp Revenue Decline and Losses
Company Announcements

Zoono Reports Sharp Revenue Decline and Losses

Zoono Group Limited (AU:ZNO) has released an update.

Don't Miss our Black Friday Offers:

Zoono Group Limited, a global biotech company specializing in long-lasting antimicrobial solutions, reported a significant downturn in its financial results, with revenues plummeting by 68.6% to NZ$1,049,321 and a striking increase in losses to NZ$9,185,193 for the fiscal year ended June 30, 2024. The company, known for its innovative ‘ZOONO molecule’ products, has decided not to pay a dividend for 2024, reflecting its challenging financial performance.

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

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