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Stock impact report

VivoPower International PLC Reports Preliminary Estimated Unaudited Financial Results for the Fiscal Year Ended June 30, 2024

VivoPower International PLC - Ordinary Shares (VVPR) 
US:NASDAQ Investor Relations: vivopower.com/shareholders
Company Research Source: GlobeNewswire
Annual consolidated revenue of $11.8 million down 22% year-on-year (“y-o-y”) reflecting a strategic focus towards the Electric Vehicle and Sustainable Energy Solutions business units and discontinuation and sale of Critical Power business units in Australia Underlying consolidated adjusted EBITDA1 from continuing operations declined slightly to a ($5.9) million loss from a ($5.7) million loss in FY23 Cash balance at June 30, 2024 was $0.8m in comparison to $0.6m at June 30, 2023 Tembo E-LV, a subsidiary of VivoPower executed a definitive Business Combination Agreement with CCTS for a combined enterprise value of US$904 million Kenshaw Electrical, one of the Company’s Critical Power business units, was sold for approximately A$5.0 million in July 2024, as part of previously announced strategic focus on Electric Vehicles and Sustainable Energy Solutions LONDON, Aug. 30, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: Show less Read more
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