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Adrad Holdings Limited (ASX:AHL)

ALERT: Price-sensitive ASX Announcement for AHL
Current share price for AHL : $1.530 0.875 (133.59%)+
Announcement
Release
18 Aug 2025 9:19AM
Price at Release
$0.655
Full Release
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Summary
The document is the Preliminary Final Report for Adrad Holdings Limited (AHL) for the financial year ended 30 June 2023. It provides a comprehensive overview of the company's financial performance, including statutory and pro forma results, segment reporting, balance sheet highlights, cash flow movements, dividends, and commentary on business operations. The report details the revenues, profit after tax, significant items impacting results, and outlines key drivers for performance, such as market conditions, acquisitions, and challenges faced during the period. Additional sections cover principal activities, risk factors, outlook for the next financial year, and compliance statements. The report also provides information on share capital, issued shares, and governance matters in accordance with ASX and ASIC requirements.
Key Points
  • Adrad Holdings Limited reported its preliminary final results for the year ended 30 June 2023.
  • Statutory revenue was $151.5 million, with pro forma revenue at $153.1 million.
  • Net profit after tax (NPAT) for statutory results was $2.8 million, and pro forma NPAT was $6.3 million.
  • The company experienced significant impacts from acquisition, IPO, and restructuring costs.
  • A dividend of 1.5 cents per share was declared, fully franked.
  • Principal activities included manufacturing and distribution of radiators, heat exchangers, and related products for the automotive and industrial markets.
  • Supply chain challenges and inflation were noted as key business risks affecting performance.
  • The report discusses strategic focus areas, including operational efficiencies, integration of recent acquisitions, and ongoing market expansion.
  • The outlook anticipates continued growth, albeit with potential challenges from economic conditions and supply chain disruptions.
  • Compliance with ASX Listing Rules and ASIC requirements is confirmed, with appropriate governance disclosures included.
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.