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Syft posts larger half-year loss but sticks to FY guidance

USX-listed firm sees fresh semiconductor sector order from Samsung as it also branches out into life sciences.

Syft is listed on the Unlisted exchange.

Will Mace Tue, 21 Nov 2023

USX-listed Syft Technologies has posted a 2024 financial half-year loss of $8.2 million – wider than the $6.5m it reported in the previous corresponding period – but is sticking to its circa-$30m revenue guidance.

Syft’s chief executive Alex Fala acknowledged the result did not look good “on

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Syft posts larger half-year loss but sticks to FY guidance
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