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Eden Innovations Ltd (ASX:EDE)

ALERT: Price-sensitive ASX Announcement for EDE
Current share price for EDE : $0.062 -0.088 (-58.67%)+
Announcement
Release
27 Feb 2026 7:26PM
Price at Release
$0.150
Full Release
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Summary
Eden Innovations Ltd reported its half-year financial results for the period ended 31 December 2025. The company achieved a net profit after tax of $1,432,791, a significant turnaround from the prior year's loss. This was largely due to a profit from the sale of a property in Georgia, USA. Despite challenges, including net cash outflows from operating activities, Eden managed to improve its financial position by reducing debt, notably through the settlement of their property sale and a convertible note. The company continues to focus on its key products, EdenCrete® and OptiBlend®, with strong sales pipelines and ongoing support from shareholders and strategic partners. The directors believe the company will remain a going concern, although there is material uncertainty regarding its ability to continue without achieving certain objectives.
Key Points
  • Net profit after tax of $1,432,791.
  • Significant profit from the sale of Georgia property.
  • Net cash outflows from operating activities of $2,314,568.
  • Property sale and convertible note helped reduce debt.
  • Strong sales pipeline for EdenCrete® and OptiBlend®.
  • Material uncertainty regarding going concern status.
  • Continued shareholder and strategic partner support.
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.