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HighCom Limited (ASX:HCL)

ALERT: Price-sensitive ASX Announcement for HCL
Current share price for HCL : $0.110 -0.085 (-43.59%)+
Announcement
Release
27 Feb 2026 9:16AM
Price at Release
$0.195
Full Release
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Summary
HighCom Limited's half-yearly report for the period ending 31 December 2025 highlights several key financial and operational developments. The company experienced a significant decrease in revenue by 59% compared to the prior year, largely due to reduced sales in their ballistic product line affected by the US Government shutdown and market uncertainties. HighCom Technology, however, maintained stable performance, contributing to the firm's overall activities including contracts with the Australian Department of Defence. The company reported a net operating loss after tax of $6.8 million, compared to a profit in the previous year. Despite these challenges, HighCom continued to focus on product development, particularly with its XTclave® lightweight armour solutions, and anticipates market recovery in the latter half of FY26. Cash reserves decreased to $3.0m, and inventory levels saw a reduction to $12.5m.
Key Points
  • Revenue from operations decreased by 59% to $10.9 million.
  • HighCom Technology's stable performance with $5.1 million revenue.
  • Net operating loss after tax was $6.8 million.
  • HighCom Armor sales impacted by US Government shutdown.
  • Cash reserves at $3.0 million as of 31 December 2025.
  • Inventory levels decreased to $12.5 million.
  • Focus on XTclave® lightweight armour product development.
  • Anticipated market recovery in the latter half of FY26.
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.