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Next Science Ltd Reports Record Growth
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Next Science Ltd Reports Record Growth

Next Science Ltd (AU:NXS) has released an update.

Next Science Ltd has revealed substantial growth with a record revenue of US$22.2 million, up by 89% from the previous year, in their 2023 financial year results. During the AGM, the company highlighted an enhanced gross profit of US$16.2 million and a 73% gross margin, despite an expanded EBITDA loss due to strategic investments. Leadership changes were also announced, with significant board reshuffling following the departures of key members.

For further insights into AU:NXS stock, check out TipRanks’ Stock Analysis page.

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