Adveritas Limited Reports Revenue Surge Amid Ongoing Challenges
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Adveritas Limited reported an 88% increase in revenue to $7.84 million for the year ending June 30, 2025, despite a net loss of $7.09 million, a 39% reduction from the previous year. The company's net tangible asset backing improved to 0.48 cents per share. However, an audit report raised concerns about the company's ability to continue as a going concern. Analysts rate the stock as a Buy with a price target of A$0.20. Adveritas operates in the technology sector, focusing on software solutions for digital advertising.
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