Jayride Group Ltd Reports Preliminary Final Results
Key points
- Total revenue and other income down 55.5% to $2,423,121
- Loss after tax down 30.7% to $5,725,322
- Net tangible assets per share decreased from (1.79) cents to (0.45) cents
Full summary
Jayride Group Limited has reported its preliminary final results for the year ended 30 June 2025. The company's total revenue and other income during the year was $2,423,121, representing a decrease of 55.5% compared to the previous year. The loss for the consolidated entity after providing for income tax amounted to $5,725,322, representing a decrease of 30.7% compared to the previous year. The net tangible assets per ordinary security decreased from (1.79) cents to (0.45) cents. There were no dividends paid, recommended or declared during the current or previous financial period.The directors anticipate that the auditor's report will contain an unqualified audit opinion with a paragraph addressing material uncertainty related to going concern. The Preliminary Financial Report of Jayride Group Limited for the year ended 30 June 2025 is attached to the announcement.
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