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14 May 2025
AcroMeta Group Limited Navigates 1H 2025: Revenue Climbs, Yet Losses Continue, Cash Position Boosted by Disposals
Summary:
- AcroMeta Group Limited reported a 30% increase in revenue, reaching S$2.183 million for the six months ended 31 March 2025.
- The Group recorded a loss from continuing operations of S$1.422 million for the period.
- There was also a loss from discontinued operations of S$425,000, a change compared to a profit from discontinued operations in the prior year period.
- Overall, the Group's financial results showed a total comprehensive loss of S$1.847 million for the period, with basic and diluted losses per share of (0.51) cents.
- Cash and cash equivalents increased significantly by 276% to S$3.3 million, largely due to proceeds received from disposals.