Australia's Skyfii loses most in nearly 4 months on weak FY numbers

Beonic

28/07/2021 04:02

** Shares of Skyfii Ltd  SKF.AX  slide as much as 13.8% to
A$0.125, their sharpest one-day loss since April 6
    ** The data analytics provider says its full-year operating
EBITDA came in at A$1.57 mln ($1.16 mln), down 25% compared with
FY20 numbers  urn:newsml:reuters.com:*:nASX7byRTs
    ** However, co posted an 18% increase in its FY total
operating revenue of A$15.9 mln
    ** Co expects to deliver double-digit recurring revenue
growth in FY22
    ** Trading volumes at 2x the 30-day avg of 231,291, at
479,699 shares
    ** Stock down 25.6% this year, as of last close
    
    ($1 = 1.3578 Australian dollars)

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))