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WaneInvestmentHouse

WaneInvestmentHouse

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Omatek Ventures Plc Reports N62.14m Loss for FY 2024 Despite Revenue Growth

Omatek Ventures Plc has announced a disappointing financial performance for the full year ended December 31, 2024, reporting a loss of N62.14 million. This decline in profitability is attributed to high administrative expenses and other costs, which offset the company's revenue growth.

₦0.50

FV

148.0% overvalued

203.16%

Revenue growth p.a.

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5

6 months ago