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Insignia Financial FY 2024 Losses Highlight Challenges

Insignia reports AU$185.3m net loss for FY 2024, down from AU$4.40m profit in FY 2023. Revenue remains flat at AU$1.94b.

by Mark Eisenberg
Fri, Aug 23, 2024 11:49am
in Finance
• 1 min read
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Insignia Financial FY 2024 Losses Highlight Challenges | FinOracle

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Key Financial Results

Insignia Financial has announced its full-year financial results for 2024, revealing a net loss of AU$185.3 million. This marks a significant downturn from the AU$4.40 million profit recorded in FY 2023. Revenue remained flat at AU$1.94 billion, indicating stagnation amidst financial challenges.

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