Australia's Ava Risk falls most in 8-1/2 months on swinging to loss

Ava Risk

28/08/2023 05:07

** Shares of Ava Risk Group  AVA.AX  fall as much as 7.3% to
A$0.19, posting their biggest intraday pct drop since Dec 15,
2022
    ** Security technology firm posts FY loss after tax of A$1.1
mln($707,080.00) vs A$33.1 mln profit a year earlier 
    ** Revenue from continuing operations A$28.6 mln vs A$19.0
mln a year earlier 
    ** Shares hit lowest level since July 19
    ** Shares down 14.6% YTD, as of last close
     
   ($1 = 1.5557 Australian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))