Halo Technologies Holdings Ltd (ASX:HAL)

ALERT: Price-sensitive ASX Announcement for HAL

Current share price for HAL : $0.013 -0.022 (-62.86%)⁺

Announcement

FY25 Annual Results Announcement

Release

27 Feb 2026 5:27PM

Price at Release

$0.035

Full Release

Summary

HALO Technologies Holdings Ltd has announced its financial results for the year ending 31 December 2025. The company recorded an operating revenue of $16 million, a 16% decrease from the previous year, and a net loss after tax of $17.41 million, up 16%. Strategic changes included a shift to a capital-light B2B model in the UK, resulting in cost savings and a new focus on APAC growth. Asset impairments were recognized, and funds under management declined, largely due to market conditions. HALO's outlook includes expanding B2B networks and leveraging its Managed Funds capability to target financial planners, with ongoing partnership discussions.

Key Points

Operating revenue of $16 million, down 16% from FY24.
Net loss after tax of $17.41 million, up 16% from FY24.
Transitioned UK business to a capital-light B2B model.
$4.2 million in direct UK cost savings achieved.
Managed Funds launched in Australia in November 2025.
Funds under management declined from $434.4 million to $384.9 million.
Strategic focus on expanding B2B networks in APAC and the UAE.
Higher-margin subscription revenue remained consistent.
Total asset impairment of $4.77 million recognized.
Planned expansion of subscriber base and partnership execution.

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.