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Atlas Pearls Ltd (ASX:ATP)

ALERT: Price-sensitive ASX Announcement for ATP
Current share price for ATP : $0.085 -0.1 (-54.05%)+
Announcement
Release
29 Aug 2025 8:05AM
Price at Release
$0.185
Full Release
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Summary
Atlas Pearls Ltd reported a successful financial and operational performance for the fiscal year ending 30 June 2025. The company experienced a growth in its pearl harvest to 621,000 pearls, a rise from 598,000 in the previous year. Sales volumes also increased to 593,000 pearls, propelling revenue growth to $44.3 million. Despite a decrease in EBITDA and net profit after tax compared to FY24, Atlas Pearls maintained a robust financial position, with a cash balance of $20.2 million and a 28% increase in shareholder equity. The company announced a final dividend of 1.4 cents per share, fully franked, reflecting its strong financial health and sustainability. Pearl pricing stability and quality consistency contributed to the company's confidence in its business outlook.
Key Points
  • Harvest growth to 621,000 pearls.
  • Sales volumes increased to 593,000 pearls.
  • Revenue grew to $44.3 million.
  • EBITDA of $18.6 million.
  • Net profit after tax of $21.9 million.
  • Cash balance increased to $20.2 million.
  • Shareholder equity increased to $71.0 million.
  • Final dividend of 1.4 cents per share declared.
  • Pearl pricing remained stable.
  • Pearl quality consistent with prior years.
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.