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International Equities Corporation Limited (ASX:IEQ)

ALERT: Price-sensitive ASX Announcement for IEQ
Current share price for IEQ : $0.040 0 (0%)+
Announcement
Release
23 Jan 2026 5:54PM
Price at Release
$0.040
Full Release
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Summary
International Equities Corporation Limited faced economic challenges in the quarter ending 31 December 2025, reporting a net cash decrease from operating activities due to increased costs and sluggish tourism revenue. Despite generating revenue from property leasing and hotel accommodations, the company reported an after-tax loss of $0.229 million. The company is ending operations at some locations and plans to hold onto its apartment stock considering lease rents. The net tangible asset backing per security decreased compared to the previous year, but the company retains sufficient funds to continue operating without raising additional capital.
Key Points
  • International Equities Corporation Limited reported a net cash decrease from operating activities by $170,000 for the quarter.
  • The company faced challenges due to higher operating costs, payroll, interest rates, and inflation.
  • Revenue from tourism remained weak as domestic and international travel recovery was slow.
  • The company is ending leases and operations at some locations due to difficult economic conditions.
  • The group generated revenue of $0.380 million from property leasing and hotel accommodation but still reported an after-tax loss of $0.229 million.
  • The net tangible asset backing per security decreased from 4.65c in 2024 to 3.61c in 2025.
  • IEQ has sufficient funds to continue operations without needing a capital raising.
  • The financial report complies with ASX Listing Rule 4.7B requirements.
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.