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CPT Global Limited (ASX:CGO)

ALERT: Price-sensitive ASX Announcement for CGO
Current share price for CGO : $0.090 0.034 (60.71%)+
Announcement
Release
28 Feb 2025 10:30AM
Price at Release
$0.056
Full Release
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Summary
CPT Global Limited's Half Year Report for the period ending 31 December 2024 highlights a revenue increase to $11,858,936, though profits declined significantly with a net loss after tax of $438,890. The company's performance reflects ongoing challenges and strategic adjustments, particularly in the Northern Hemisphere where growth has been strong. CPT Global emphasizes a commitment to improving market presence and operational efficiency, while remaining cautious about future financial performance due to higher tax obligations and market conditions.
Key Points
  • Revenue increased 5% to $11,858,936.
  • Net loss after tax was $438,890.
  • Profit before tax was $40,419.
  • Operating cash inflows were $819,775.
  • No interim dividend declared for the half year.
  • CPT Global is focusing on market expansion in Northern and Southern Hemispheres.
  • Company maintains financial discipline and explores cost rationalization.
  • Positive recognition in the 2025 Information Services Group Provider Lens report.
  • Cash and cash equivalents increased to $2,478,537.
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.