Avecho Biotechnology's 2024 Loss Narrows as Revenue Rises; Shares Fall 14%

MT Newswires Live

03/07

Avecho Biotechnology (ASX:AVE) reported Friday that its 2024 loss narrowed to AU$0.001 per diluted share from AU$0.0015 a year earlier.

Total revenue for the 12 months ended Dec. 31, 2024, was AU$1.1 million, compared with AU$473,551 a year earlier.

The company's shares were down 14% in recent Friday trade.

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