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Ignite reports revenue down 9%, while GP falls 23%

Ignite has reported another quarter of tough trading to the ASX, with falls across all financial measures and a reduction in contractor numbers.

Revenue was $25.9 million in the three months to June, down 9% year-on-year, which the company attributes to "previously moving away from high-volume, low-margin assignments".

And gross profit was down 23% year-on-year to $2.9m...