The company is expected to report its earnings around Feb 10.
Ellipsiz says it expects to report a profit for the 1HFY2025 ended Dec 31, 2024, reversing from its loss of $1.95 million in the 1HFY2024.
According to the company, the profit is mainly thanks to the gain on disposal of its 51% stake in Axis-Tec. The better performance of its distribution and services solutions segment is also a contributor to Ellipsiz (SGX:BIX
) ’s half-year earnings.
