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Live Verdure Ltd Reports Significant Profit Surge Amid Strategic Investments

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Live Verdure Ltd Reports Significant Profit Surge Amid Strategic Investments

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Live Verdure Ltd ( (AU:LV1) ) just unveiled an announcement.

Live Verdure Ltd reported a substantial profit increase for the half-year ending December 2024, primarily driven by a non-cash net gain from an additional investment in Decidr.ai Pty Limited. Despite a modest rise in overall revenue, the company’s financial position was bolstered by increased net assets and cash reserves, although it faced a decrease in research and development tax incentives and a significant share-based payment expense.

More about Live Verdure Ltd

Live Verdure Ltd operates in the health and wellness industry, focusing on the production and distribution of plant-based products. The company emphasizes e-commerce and wholesale channels, with a significant market focus on expanding its digital sales presence.

YTD Price Performance: 3.49%

Average Trading Volume: 536,424

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$140.1M

Find detailed analytics on LV1 stock on TipRanks’ Stock Analysis page.

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