Hydrix (ASX:HYD) Full Year 2024 Results

Key Financial Results

• Revenue: AU$10.6m (down 19% from FY 2023).
• Net loss: AU$9.56m (loss widened by AU$9.16m from FY 2023).
• AU$0.038 loss per share (further deteriorated from AU$0.002 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Hydrix Services segment contributing a total revenue of AU$10.6m (100% of total revenue). The largest operating expense was General & Administrative costs, amounting to AU$11.0m (57% of total expenses). Explore how HYD's revenue and expenses shape its earnings.

Hydrix's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 5 warning signs for Hydrix (4 are significant!) that you should be aware of before investing here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.