Astron Connect, Inc. (TSE:AST) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Astron Connect Inc. reported no revenue for Q2 2024 due to the closure of their main supplier, with a net loss decreasing by 57% to $53,959 compared to the previous year. Operating expenses also dropped by 38%, totaling $77,518, while the company’s working capital deficiency improved slightly to $181,870. Astron Connect continues to focus on assisting Canadian food and beverage companies in reaching emerging markets, particularly with their bottled water brands in China.
For further insights into TSE:AST stock, check out TipRanks’ Stock Analysis page.