Polarean Imaging plc (PLLWF.PK), Thursday announced financial results for the first half of 2025, reporting a loss of $5.1 million compared to a loss of $4.01 million in the previous year.
On per share basis, loss amounted to $0.004 for the period compared to a loss of $0.014 in the prior year.
Revenue reduced $594.9 thousand from $1.12 million last year.
Due to delays in purchasing decisions, the company has decided to lower its 2025 revenue guidance from a range of $5 to $6 million to a range of $2.5 to $3.5 million. However, the company aims to resume a sales growth trajectory in 2026, expecting a revised revenue target of $5 to $6 million for 2026.
Currently, Polarean's stock is trading at $0.011 on the OTC Markets.
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