Dubber Corporation Limited's Interim Financial Report for the period ending 31 December 2025 shows a decline in revenue from the previous year, with total revenue reported at $18,698,469. The company reduced its direct costs and reported a net loss before income tax of $4,449,380, a significant improvement from the previous year's loss. Despite the reduction in comprehensive loss and loss per share, net assets decreased, and cash reserves were lower compared to mid-year figures. The issued capital saw a slight increase due to transactions involving directors and share-based payments. Management remains optimistic about the company's financial stability in the short term.
Key Points
Dubber Corporation Limited reported a revenue of $18,698,469 for the period ending 31 December 2025, down from $20,521,713 in the previous year.
Direct costs decreased to $5,634,317 from $6,520,178, resulting in revenue less direct costs of $13,064,152.
The company reported a net loss before income tax of $4,449,380, down from $11,546,353 in 2024.
Total comprehensive loss attributable to owners was $4,219,493 compared to $11,777,310 in the previous year.
The basic and diluted loss per share reduced to 0.16 cents from 0.88 cents.
Cash and cash equivalents stood at $7,341,439 as of 31 December 2025, compared to $10,863,888 on 30 June 2025.
Net assets were $11,177,647, a decrease from $13,921,027.
Issued capital increased to $355,997,315 from $353,232,255, with a total of 2,701,572,524 ordinary shares fully paid at the end of the period.
The report includes a statement of changes in equity, noting significant transactions with directors involving share subscriptions and share-based payments.
Directors expressed confidence in the company's ability to meet its debts as they fall due for a period of at least 12 months following the report's issuance.
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.