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Why Is NoviqTech Struggling with a $2.83M Loss and Cash Near Zero?

1:42pm on Friday 27th of February, 2026 AEDT Technology
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Why Is NoviqTech Struggling with a $2.83M Loss and Cash Near Zero?

1:42pm on Friday 27th of February, 2026 AEDT
Key Points
  • Loss increased 11.56% to $2.83 million in 2025
  • Revenue remains minimal at $9,100, doubling from zero in 2024
  • Cash reserves plunged from $753,145 to just $22,642
  • Material uncertainty over going concern flagged ahead of audit
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