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Why Did Jayride’s Revenue Plunge 55.5% While Losses Narrow in FY2025?
4:06am on Saturday 30th of August, 2025 AEST
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Technology
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Why Did Jayride’s Revenue Plunge 55.5% While Losses Narrow in FY2025?
4:06am on Saturday 30th of August, 2025 AEST
Key Points
Total revenue declined 55.5% to $2.42 million
Net loss narrowed 30.7% to $5.73 million
Convertible notes fully converted to shares in March 2025
Net tangible assets per share improved but remain negative
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