Gratifii Ltd (AU:GTI) has released an update.
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Gratifii Ltd reports a slight revenue decrease of 0.16% to $29.9 million in FY24, with a significant drop in profits, resulting in a net loss after tax of $10.5 million, a steep decline from the previous year. The company faced a sharp decrease in its SaaS platform revenue due to exiting the South African market, while its rewards revenue saw growth within the business-to-business channel.
For further insights into AU:GTI stock, check out TipRanks’ Stock Analysis page.