VivoPower (VVPR) Reports Prelim FY24 Results
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VivoPower International PLC Reports Preliminary Estimated Unaudited Financial Results for the Fiscal Year Ended June 30, 2024
August 30, 2024 5:05 PM EDTAnnual consolidated revenue of $11.8 million down 22% year-on-year (y-o-y) reflecting a strategic focus towards the Electric Vehicle and Sustainable Energy Solutions business units and discontinuation and sale of Critical Power business units in Australia
Underlying consolidated adjusted EBITDA1Â from continuing operations declined slightly to a ($5.9) million loss from a ($5.7) million loss in FY23
Cash balance at June 30, 2024 was $0.8m in comparison to $0.6m at June 30, 2023
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