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Iondrive Nearly Doubles Revenue but Posts $4.62M Loss in FY2025

11:42pm on Friday 29th of August, 2025 AEST Technology
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Iondrive Nearly Doubles Revenue but Posts $4.62M Loss in FY2025

11:42pm on Friday 29th of August, 2025 AEST
Key Points
  • Revenue increased 94.7% to $1.71 million
  • Net loss narrowed to $4.62 million from $6.12 million prior year
  • R&D tax incentive claim contributed $1.09 million to revenue
  • Acquisition of dormant German company renamed Iondrive EU GmbH
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