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Academies Australasia Group Limited (ASX:AKG)

ALERT: Price-sensitive ASX Announcement for AKG
Current share price for AKG : $0.074 -0.076 (-50.67%)+
Announcement
Release
23 Feb 2026 2:40PM
Price at Release
$0.150
Full Release
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Summary
Academies Australasia Group Limited reported its financial performance for the half-year ending 31 December 2025. The revenue from ordinary activities decreased by 6% to $22.518 million compared to the previous period. The company registered a net loss of $754,000 after tax, an improvement from the previous period's loss of $958,000. No dividends were declared or paid. The EBITDA for the reporting period was $3.201 million, slightly adjusted to $3.217 million after accounting for impairments and provisions. The directors declared that the company is in a position to meet its future financial obligations, supported by directors' loans totaling $6.2 million and cash holdings of $5.617 million at the end of the period. Key events after the reporting date included a decision to buy back and cancel shares issued under the Employee Incentive Plan.
Key Points
  • Revenue decreased by 6% to $22.518 million.
  • Net loss after tax was $754,000, improved from previous period's $958,000.
  • No dividends declared or paid.
  • EBITDA was $3.201 million, adjusted to $3.217 million.
  • Cash holdings at end of period were $5.617 million.
  • Directors' loans totaled $6.2 million.
  • Approved buy-back and cancellation of shares under the Employee Incentive Plan.
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.