Half Yearly Report and Accounts
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| Stock | Control Bionics Ltd (CBL.ASX) |
|---|---|
| Release Time | 26 Feb 2025, 9:33 a.m. |
| Price Sensitive | Yes |
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Control Bionics Reports Half-Year Results
Key Points
- Revenue down 2.3% to $2.9 million
- Loss up 47.12% to $3.2 million
- Net tangible assets per share at 0.87 cents
Full Summary
Control Bionics Limited has released its Appendix 4D Interim Report for the half-year ended 31 December 2024. The company reported a loss from ordinary activities after tax attributable to the owners of Control Bionics Limited of $3,222,197, up 47.12% from the previous corresponding period. Revenues from ordinary activities were down 2.3% to $2,896,291. The loss for the Group after providing for income tax amounted to $3,222,197, up from $2,190,224 in the previous corresponding period. Net tangible assets per ordinary security stood at 0.87 cents as of 31 December 2024, down from 0.93 cents as of 30 June 2024. The financial statements were subject to a review by the auditors, and the review report is attached as part of the Interim Report.
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