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Aquirian Limited (ASX:AQN)

ALERT: Price-sensitive ASX Announcement for AQN
Current share price for AQN : $0.405 0.005 (1.25%)+
Announcement
Release
13 Jul 2026 8:21AM
Price at Release
$0.400
Full Release
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Summary
Aquirian Limited's full year business update for FY26 highlights a significant growth with total revenue reaching $32.0 million, a 22.8% increase from the prior year, and EBITDA increasing by 193.6% to $4.6 million. The company's balance sheet was further strengthened, ending the year with $11.6 million in cash and cash equivalents. Key achievements include Drillforce securing a $48 million contract with Brightstar Resources and successfully completing an $8 million capital raising. There was also a record monthly production at the Wubin emulsion facility and continued expansion of the Collar Keeper® product portfolio, including progress on a biodegradable version. These advancements position Aquirian for future growth and value creation for shareholders.
Key Points
  • Revenue increased by 22.8% to $32.0 million.
  • EBITDA rose by 193.6% to $4.6 million.
  • Cash and cash equivalents ended at $11.6 million.
  • Drillforce secured a $48 million contract with Brightstar Resources.
  • Completion of an $8 million capital raising.
  • Wubin emulsion facility achieved record monthly production.
  • Expansion of the Collar Keeper® product portfolio.
  • Development of biodegradable Collar Keeper® progressed.
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.