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Swoop Holdings Limited (ASX:SWP)

ALERT: Price-sensitive ASX Announcement for SWP
Current share price for SWP : $0.088 -0.082 (-48.24%)+
Announcement
Release
28 Aug 2025 8:49AM
Price at Release
$0.170
Full Release
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Summary
Swoop Holdings Limited's Appendix 4E and Preliminary Financial Report for the period ending 30 June 2025 indicates a 30.6% increase in revenue from continuing operations, amounting to $105,993,180. Despite this growth, the company reported a loss after income tax from continuing operations of $11,041,917, marking a 107.3% increase in losses compared to the previous period. The total loss after income tax for the entire group, including discontinued operations, rose by 83.3% to $6,947,279. The report also highlights a 0.6% increase in gross margin to $34,980,011, while the underlying EBITDA decreased by 7.2% to $15,202,083. Additionally, Swoop Holdings experienced a net cash decrease of $3,809,133 for the year, leaving an end-of-year cash balance of $8,034,283. The company did not declare any dividends during the period.
Key Points
  • Revenue from continuing operations increased by 30.6% to $105,993,180.
  • Loss after income tax from continuing operations increased by 107.3% to $11,041,917.
  • Total group loss after income tax rose by 83.3% to $6,947,279.
  • Gross margin increased by 0.6% to $34,980,011.
  • Underlying EBITDA decreased by 7.2% to $15,202,083.
  • Net cash decrease for the year was $3,809,133, with an ending cash balance of $8,034,283.
  • No dividends were declared during the financial period.
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.