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Australian Agricultural Projects Limited (ASX:AAP)

ALERT: Price-sensitive ASX Announcement for AAP
Current share price for AAP : $0.068 0.021 (44.68%)+
Announcement
Release
26 Feb 2026 5:23PM
Price at Release
$0.047
Full Release
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Summary
The interim financial report for Australian Agricultural Projects Limited (ASX: AAP) for the half-year ended 31 December 2025, reveals a net loss after tax of $797,061, a shift from a profit of $488,714 in the previous corresponding period. The cessation of operations from the Victorian Olive Oil Project led to no lease and management fees being recorded in the reported period. The company, however, reported strong operating cash flows of $1,803,825 due to increased sales from its 2025 harvest, benefiting from strong olive oil prices. Despite adverse cooler and dry climatic conditions, the orchard operations remained on schedule. No dividends were declared for the half-year, and post reporting date, the company extended its Olive Oil Supply Agreement with Cobram Estate until after the 2030 harvest.
Key Points
  • Net loss after tax of $797,061 for the half-year ended 31 December 2025.
  • Cessation of Victorian Olive Oil Project operations resulted in no lease and management fees.
  • Strong operating cash flows of $1,803,825 reported.
  • No dividends declared for the half-year.
  • Extension of Olive Oil Supply Agreement with Cobram Estate until after 2030 harvest.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.