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BUZZ-Australia's Frontier Digital Ventures plunges on FY25 outlook

Reuters
2025/12/10
BUZZ-Australia's <a href="https://laohu8.com/S/FRRGF">Frontier Digital Ventures</a> plunges on FY25 outlook

** Shares of Frontier Digital Ventures FDV.AX fall as much as 7.3% to A$0.320, posting their biggest intraday pct loss since Nov 21** Co to shut down some operations in Latin America, more than 30% of headcount in the region removed** Co says results for FY25 to be below analyst estimates, sees FY25 net loss of A$9.5 million ($6.30 million)- A$10.5 million

** FY24 loss after tax A$10.3 million

** YTD, shares down 7.3%

($1 = 1.5078 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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