Ellipsiz profit after tax surges to $1.3m in H1 FY25

Earnings per share is at $0.0112.

Ellipsiz Ltd recorded a profit after tax of $1.3m in H1 FY25 compared to $500,000 in H1 FY24 from continuing operations.

The group’s revenue for H1 FY25 increased by 17% to $27.9m, due to higher sales of equipment, chemicals, spare parts, and consumables, as well as an increase in demand for engineering services in the distribution and services solutions (DSS) segment.

Other income for H1 FY25 was $595,000, down by 14% compared to $692,000 in H1 FY24. The decline was attributed to lower fair value gain on financial assets at fair value through profit or loss.

Earnings per share is at $0.0112.

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