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Amaero International Ltd ( (AU:3DA) ) just unveiled an announcement.
In the first half of the 2024 financial year, Amaero International Ltd reported a significant revenue increase of 143.2% to $1,660,522 compared to the previous period. However, the company also experienced a notable rise in losses, with a 36% increase in the loss from ordinary activities after tax, amounting to $11,087,218. Despite the revenue growth, the absence of dividends and the increased losses could indicate ongoing financial challenges as the company continues to invest in its growth and operations.
More about Amaero International Ltd
Amaero International Ltd operates in the advanced manufacturing industry, focusing primarily on additive manufacturing or 3D printing services. The company specializes in producing complex and high-performance components for the aerospace, defense, and automotive sectors.
YTD Price Performance: 26.00%
Average Trading Volume: 444,077
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$218.8M
For detailed information about 3DA stock, go to TipRanks’ Stock Analysis page.