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Butn Limited (ASX:BTN)

ALERT: Price-sensitive ASX Announcement for BTN
Current share price for BTN : $0.009 -0.046 (-83.64%)+
Announcement
Release
23 Feb 2026 8:56AM
Price at Release
$0.055
Full Release
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Summary
Butn Limited's Half Yearly Report and Accounts for the period ended 31 December 2025, released on 23 February 2026, indicate a 15% increase in revenue from ordinary activities compared to the previous year, totaling $8.185 million. However, the company reported a significant decline in net profit, recording a loss of $1.851 million compared to a profit of $0.205 million in the previous period, marking a 1002% decrease. This downturn in profitability is largely attributed to various operational challenges during the period. The company did not declare any dividends for the current or previous period. The net tangible asset per share increased by 25% from 2.55 cents to 3.17 cents. No new entities were gained or lost. The financial statements have been reviewed by Hall Chadwick Melbourne, with disclosures meeting the ASX and Corporations Act requirements.
Key Points
  • Revenue increased by 15% to $8.185 million.
  • Net loss of $1.851 million, a 1002% decline from the previous year's profit.
  • No dividends declared for the current or previous period.
  • Net tangible asset per share rose by 25% to 3.17 cents.
  • No changes in controlled entities.
  • Financial statements reviewed by Hall Chadwick Melbourne.
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.