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Clover Corporation Limited (ASX:CLV)

ALERT: Price-sensitive ASX Announcement for CLV
Current share price for CLV : $0.900 0.215 (31.39%)+
Announcement
Release
23 Sep 2025 8:28AM
Price at Release
$0.685
Full Release
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Summary
Clover Corporation Limited reported a significant financial performance for the year ending 31 July 2025 as detailed in their Appendix 4E Preliminary Final Report. The company achieved a 38% increase in total revenue, reaching $86 million, and a net profit after tax of $7 million, up from $1.5 million the previous year. The financial report highlights the main drivers of this growth, including increased sales of goods and controlled expenses, with a noted rise in net profit attributable to members by 601%. Clover declared a final dividend of 1.00 cent per share, fully franked, with no dividend reinvestment plan in place. Additionally, the report provides comprehensive details on the company’s financial position, cash flows, and segment information, noting the company's operations in the tuna oil processing and encapsulated product manufacturing sectors mainly in Australia, with significant sales in Asia, Europe, and the Americas.
Key Points
  • Total revenue increased by 38% to $86 million.
  • Net profit after tax was $7 million, a 601% increase from the previous year.
  • Final dividend declared at 1.00 cent per share, fully franked.
  • Significant sales growth in Europe and the Americas.
  • Operations primarily involve tuna oil processing and encapsulated products.
  • Cash inflow from operating activities was $8.3 million.
  • No dividend reinvestment plan in place.
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.