Australian Bond Exchange Holdings Limited (ASX: ABE) lodged its unaudited Appendix 4E Preliminary Final Report for the financial year ended 30 June 2026 on 31 August 2026, reporting improved operating performance with revenue rising 47.2% to $3.55 million and net loss after tax narrowing 63.7% to $1.51 million, reflecting higher trading and services revenue together with lower employee and other operating costs following restructuring and cost control initiatives; the company said it is moving into a growth-focused phase, launched new market-linked products, advanced its technology through participation in the Reserve Bank of Australia and DFCRC’s Project Acacia, and continued automation of trading and settlement systems, but it remained in a net liability position of $1.43 million with cash of $249,262, net current liabilities of $2.86 million, $2.0 million of convertible notes maturing in FY27 and related-party borrowings of $1.35 million due in 2028, resulting in a material uncertainty related to going concern and an expected qualified audit opinion with an emphasis of matter; there were no dividends, net tangible assets per share were negative 2.22 cents, the company raised $982,071 gross in a February 2026 placement, and after year end Shane White resigned as director and chair on 7 July 2026.
Key Points
Appendix 4E Preliminary Final Report for the year ended 30 June 2026 was lodged on 31 August 2026.
Revenue increased 47.2% to $3,553,271 from $2,413,555 in FY2025.
Net loss after tax improved to $1,511,920 from $4,163,458 in FY2025.
No dividends were paid or declared for the period.
ABE said it had completed operational restructuring and was transitioning to a growth-focused phase.
The company launched market-linked products aimed at investor demand for tailored fixed income solutions.
ABE participated in Project Acacia with the RBA and DFCRC to explore tokenised asset market settlement using digital money.
Cash and cash equivalents fell to $249,262 at 30 June 2026 from $1,008,212 a year earlier.
The group reported net liabilities of $1,429,423 and net current liabilities of $2,862,188 at 30 June 2026.
ABE raised gross proceeds of $982,071 in February 2026 through the issue of 32,735,709 shares at $0.03 per share.
Borrowings to Australian Credit Opportunities Fund were reduced to $1,354,458 including interest.
Unsecured convertible notes with a face value of $2,000,000 remained on issue and mature in 2027.
The report notes a material uncertainty related to going concern.
The Preliminary Final Report is unaudited and the company expects a qualified audit opinion with an emphasis of matter regarding going concern.
Net tangible assets per ordinary share were negative 2.22 cents.
ABEPL obtained approval during FY2026 to vary Australian Financial Services Licence No. 484453.
Shane White resigned as a director and chair on 7 July 2026.
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.