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Aquirian Limited (ASX:AQN)

ALERT: Price-sensitive ASX Announcement for AQN
Current share price for AQN : $0.400 -0.085 (-17.53%)+
Announcement
Release
15 Jan 2026 8:22AM
Price at Release
$0.485
Full Release
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Summary
Aquirian Limited experienced a strong first half of FY26, reporting substantial growth in revenue and EBITDA, driven partly by increased activity in both Energetics and Technology divisions. The company successfully completed a strategic review and entered a framework agreement with Hongda Civil Blasting Group. Key operational achievements included regulatory approval for upgrades at its Wubin facility and the formation of a joint venture, Drillforce WA. The company also advanced its technology offerings with the Automated Collar Keeper® System and initiated production of a biodegradable version of the product.
Key Points
  • Aquirian Limited reported a 27.4% increase in revenue to $16.9 million for H1 FY26.
  • EBITDA increased by 103.9% during the period.
  • The balance sheet showed net assets of $16.1 million and cash and cash equivalents of $6.7 million.
  • Completed a strategic review named 'Full Potential' and executed a framework agreement with Hongda Civil Blasting Group Co. Ltd.
  • Western Energetics received approval for an emulsion upgrade at Wubin facility.
  • Formed a joint venture 'Drillforce WA' with TopGroup.
  • Introduced the Automated Collar Keeper® System ready for trial.
  • Manufacturing for a next-generation Biodegradable Collar Keeper® product started.
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.