InvestSMART

Beamtree Holdings Limited (ASX:BMT)

ALERT: Price-sensitive ASX Announcement for BMT
Current share price for BMT : $0.100 -0.2 (-66.67%)+
Announcement
Release
27 Aug 2024 8:27AM
Price at Release
$0.300
Full Release
download
Summary
Beamtree Holdings Limited reported a significant increase in revenues and a reduced loss for the year ended June 30, 2024. Revenues from ordinary activities increased by 21% to $27,601,000, and the total revenue and other income increased by 22% to $27,750,000. The loss for the year attributable to the owners decreased by 26% to $5,106,000. The company did not pay, recommend, or declare any dividends during this period. Net tangible assets per ordinary security increased to 0.8 cents from 0.6 cents in the previous period. Additionally, a new 100% owned subsidiary, Beamtree Canada Ltd, was created on April 12, 2024. The financial statements were audited and received an unmodified opinion.
Key Points
  • Revenues from ordinary activities increased by 21% to $27,601,000
  • Total revenue and other income increased by 22% to $27,750,000
  • Loss for the year attributable to the owners decreased by 26% to $5,106,000
  • No dividends were paid, recommended, or declared during the financial period
  • Net tangible assets per ordinary security increased to 0.8 cents from 0.6 cents in the previous period
  • Beamtree Holdings Limited created a 100% owned subsidiary, Beamtree Canada Ltd, on April 12, 2024
  • The financial statements have been audited and an unmodified opinion has been issued
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.