H1 FY25 Financial Statements and Appendix 4D
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H1 FY25 Financial Statements and Appendix 4D
Dear investors,
Spectur Ltd's financial summary for the fiscal year ended June 30, 2023, shows a 26% increase in revenues to A$7.4M. However, net loss increased by 53% to A$2.9M, primarily due to impairment of intangible assets and increased share-based payment expenses. The revenue growth was driven by increased demand for the company's products and services in favorable market conditions.
Spectur is a developer of security, surveillance, and warning solutions powered by solar, IoT, camera, and cloud-based technology. The company offers remote solar-based deterrence, surveillance, and warning systems, as well as associated products and services. Spectur's solutions cater to industries such as government, utilities, buildings, and the civil sector.
In the recent half-year report for the period ended December 31, 2024, Spectur reported a record-breaking first half with increased operating revenue, subscription revenue, rental revenue, and field services revenue. The company achieved a substantial improvement in net loss after tax and gross profit, demonstrating progress in its financial performance.
For more detailed information or questions regarding the financial report, please feel free to reach out to us. We value transparency and are committed to providing clarity to our investors.
Sincerely,
[Management Team at Spectur Ltd]
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