Australia's Findi set for worst session in 7 months on HY loss

Findi

29/11/2024 24:36

** Findi  FND.AX  plunges 18.7% to A$6.3; set for worst
session since mid-April
    ** Stock hits lowest since Nov.8
    ** Financial technology provider posts H1 FY25 net loss
attributable of A$3.6 mln ($2.3 mln) versus year-ago profit of
A$773,000
    ** However, revenue up 1% to A$30.7 mln y/y
    ** About 386,900 shares traded, 2x the 30-day avg
    ** Stock up 529.1% YTD

($1 = A$1.5373)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))