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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
27 Feb 2026 10:27AM
Price at Release
$0.040
Full Release
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Summary
International Equities Corporation Limited reported a half-yearly revenue increase from continuing operations but a decrease from discontinued operations for the period ending 31 December 2025. The company's net loss reduced significantly compared to the previous year. Despite challenges such as high operating costs and inflation, the company focuses on property development, management, and tourism. The financial performance remains impacted by economic conditions, leading to a strategic downscaling of operations. The aim is to maintain cash neutrality while servicing debts and reorganizing business activities.
Key Points
  • Revenue from continuing operations increased by 6.83% to $673,000 compared to December 2024.
  • Revenue from discontinued operations decreased by 27.52% to $453,000 compared to December 2024.
  • Net loss for the period decreased by 40.10% to $251,000 compared to December 2024.
  • No dividends were declared for the period.
  • Focus remains on property development, management, and tourism as core business areas.
  • The company's activities have scaled down, with a focus on maintaining operations at the only remaining hotel property in Melbourne.
  • Financial performance was adversely affected by high costs, inflation, and interest rates.
  • Consolidated revenues for the half year ended 31 December 2025 were $1.126 million.
  • The total comprehensive loss for the period was $251,000.
  • The company aims to remain cash neutral and service debt while reorganizing its principal activities.
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.