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Beonic Ltd (ASX:BEO)

ALERT: Price-sensitive ASX Announcement for BEO
Current share price for BEO : $0.074 -0.171 (-69.80%)+
Announcement
Release
29 Aug 2025 5:07PM
Price at Release
$0.245
Full Release
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Summary
The Beonic Ltd FY2025 Annual Report and Appendix 4E detail the company's financial performance for the year ending 30 June 2025. The report highlights a total revenue of approximately $22.1 million, a decrease from the previous year, with significant expenses leading to a loss before income tax of $2.9 million. Employee benefits and depreciation/amortisation were major expense categories. The company issued new shares and managed equity movements to strengthen its financial position, concluding with a total equity of $1.1 million. Intangible assets, primarily software development, form a significant part of non-current assets, valued at $8.97 million by year-end. Beonic Ltd also detailed its capital raising activities and changes in share structure, including the consolidation of capital and issuance of new shares. Lease liabilities and rights of use assets are accounted for under AASB 16, with the Sydney office lease being a notable example. The report also discusses the company's share-based payment schemes, including the Executive Option Plan and Employee Share Plan.
Key Points
  • Beonic Ltd reported a total revenue of $22.1 million for FY2025.
  • The company incurred a loss before income tax of $2.9 million due to high expenses.
  • Significant expenses include employee benefits and depreciation/amortisation.
  • Intangible assets are primarily comprised of software development, valued at $8.97 million.
  • Equity position improved to $1.1 million through new share issues and capital management.
  • Lease liabilities and rights of use assets are managed under AASB 16, impacting financial statements.
  • The company implemented share-based payment schemes like the Executive Option Plan.
  • Capital raising activities and share consolidations were executed to bolster financial stability.
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.