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Constellation Technologies Limited (ASX:CT1)

ALERT: Price-sensitive ASX Announcement for CT1
Current share price for CT1 : $0.003 0.001 (50%)+
Announcement
Release
29 Aug 2025 9:31AM
Price at Release
$0.002
Full Release
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Summary
Constellation Technologies Limited released its Annual Report for the financial year ending 30 June 2025, showcasing a notable recovery from a loss to a profit of $9,521. Revenue increased significantly by 34.27% compared to the previous year. The company did not declare any dividends, and its net tangible assets per security saw a decrease. The report details various elements including financial risk management, compliance with Australian Accounting Standards, and the issuance of performance rights as part of employee incentives. Additionally, the report highlights the company's exposure to foreign exchange risk due to international operations.
Key Points
  • Constellation Technologies Limited reported a net profit of $9,521 for the financial year ending 30 June 2025, compared to a net loss of $121,666 in the previous year.
  • Revenue for the year increased to $1,807,330 from $1,346,072, marking a 34.27% growth.
  • There was no dividend declared or distributed during the financial year.
  • The company's net tangible assets per security decreased from 0.04 cents per share to 0.02 cents per share.
  • The annual report includes comprehensive financial statements, a director's declaration, and an independent auditor's report.
  • The financial statements comply with the Australian Accounting Standards and the Corporations Act 2001.
  • The report includes details about key management personnel and their remuneration.
  • The company is primarily exposed to foreign exchange risks due to transactions in Chinese yuan and Indian rupee against the Australian dollar.
  • Significant financial risk management practices include credit risk monitoring and procedures for approving credit limits.
  • The company issued 32,000,000 performance rights as part of its employee share option plan.
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.