iX Biopharma's Net Loss Nearly Triples in Fiscal Q4; Shares Slump 9%

MT Newswires

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iX Biopharma's (SGX:42C) net loss attributable to equity holders widened 196% to SG$5.0 million during the fiscal fourth quarter ended June 30 from SG$1.7 million a year earlier.

Loss per share came in at SG$0.0048 compared with SG$0.0019 in the year-ago period, according to a Friday filing with the Singapore Exchange.

Revenue fell 7% year over year to SG$2.1 million from SG$2.2 million.

Shares of the healthcare provider were down nearly 9% Monday morning.

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