Carbon Revolution plc, an Australian-based technology company known for manufacturing advanced carbon fiber wheels, released its annual financial results for the fiscal year ending June 30, 2024. The company reported a significant variation in its consolidated results, with revenues reflecting a notable increase compared to the previous fiscal year. The net loss for the year was adjusted primarily due to factors like capital raising transaction costs and share-based payment expenses. The earnings per share metric was not applicable as the company reported a net loss. Additionally, Carbon Revolution highlighted its ongoing commercial adoption with fourteen awarded programs currently in the market and four more in development, showcasing its continued growth in the automotive sector.