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Ion Video Narrows Loss and Strengthens Balance Sheet in FY2026
9:28am on Monday 31st of August, 2026 AEST
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Technology
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Ion Video Narrows Loss and Strengthens Balance Sheet in FY2026
9:28am on Monday 31st of August, 2026 AEST
Key Points
Loss narrowed to $4.52 million from $5.01 million
Revenue from ordinary activities dropped 57% to $336,344
Operating costs significantly reduced, transforming balance sheet
Shift from software development to IP licensing business model
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Ion Video (ASX:IOV)
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