Koda Returns to Profit in Fiscal H1; Shares Up 4%
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Koda reported a profit of $416,000 for the fiscal half ending Dec. 31, 2024, a turnaround from a loss of $2.3 million the previous year. Earnings per share improved to $0.0050 from a loss of $0.0282. Revenue increased by 39% to $27.7 million, driven by higher export sales to new US customers. Following the announcement, Koda's shares rose by over 4%.
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