Lark Distilling Co. Ltd (ASX:LRK)

ALERT: Price-sensitive ASX Announcement for LRK

Current share price for LRK : $0.870 0.2 (29.85%)⁺

Announcement

1H FY26 Appendix 4D and Half Year Report

Release

24 Feb 2026 8:15AM

Price at Release

$0.670

Full Release

Summary

Lark Distilling Co. Ltd reported a 7% increase in revenues to $9,151,000 for the half-year ended 31 December 2025, while reducing its loss after tax by 65% to $835,000. Despite not declaring any dividends, the company noted significant growth in its Asian exports and Global Travel Retail sales. Domestic B2B sales faced challenges, but direct-to-consumer sales saw a substantial rise. The company's total inventory is valued at $65.2 million, and it remains debt-free. Strategic focuses include brand expansion and international sales growth, supported by a substantial Whisky Bank and increased production capacity at their completed Pontville distillery project.

Key Points

Revenues from ordinary activities increased by 7% to $9,151,000.
Loss from ordinary activities after tax decreased by 65% to $835,000.
Net tangible assets per ordinary security decreased from 96.39 cents to 86.45 cents.
No dividends were paid, recommended, or declared during the current or previous financial period.
Direct Export net sales reached $1.3 million, with significant growth in Asian markets.
Global Travel Retail net sales achieved $1.0 million, showing an increase.
Domestic B2B net sales declined by 24% due to shipment timing and market challenges.
Direct-to-consumer net sales increased by 17%, driven by e-commerce momentum.
Net Sales Revenue reached $8.7 million, up 10% from the previous period, with whisky net sales up 18%.
The company remains debt-free, with total inventory valued at $65.2 million.

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.