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Glennon Small Companies Limited (ASX:GC1)

ALERT: Price-sensitive ASX Announcement for GC1
Current share price for GC1 : $0.400 -0.055 (-12.09%)+
Announcement
Release
18 Feb 2026 4:25PM
Price at Release
$0.455
Full Release
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Summary
Glennon Small Companies Limited reported a net loss for the half-year ended 31 December 2025, with significant decreases in revenue from ordinary activities compared to the previous year. The company's total equity fell, and dividends were declared on both ordinary shares and RRCPS. The net tangible assets per share decreased slightly. The report, compliant with Australian financial standards, also highlighted the company's financial instruments measured at fair value and the continuation of its dividend reinvestment plan. The interim financial report was authorized by the Board on 18 February 2026.
Key Points
  • Glennon Small Companies Limited reported a net loss of $868,000 for the half-year ended 31 December 2025.
  • The loss from ordinary activities amounted to $581,000, with a substantial decline from a profit of $5.546 million in the previous corresponding period.
  • Total equity decreased from $37,097,000 to $35,406,000 from 30 June 2025 to 31 December 2025.
  • Dividends for ordinary shares and resettable redeemable convertible preference shares (RRCPS) were declared, with interim dividends on ordinary shares being fully franked at 100% and final dividends unfranked.
  • Net tangible assets per share decreased from $0.7607 to $0.7286 after tax.
  • The fair value of financial assets at 31 December 2025 included $24,571,000 in listed equity securities and $4,203,000 in debt instruments.
  • No material changes were made to accounting policies from the previous financial year.
  • A dividend reinvestment plan is in place, allowing shareholders to reinvest dividends into additional shares.
  • The financial statements comply with Australian Accounting Standards and the Corporations Act 2001.
  • The report was authorized for issue on 18 February 2026.
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.