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Magontec Limited (ASX:MGL)

ALERT: Price-sensitive ASX Announcement for MGL
Current share price for MGL : $0.210 -0.005 (-2.33%)+
Announcement
Release
24 Feb 2026 6:40PM
Price at Release
$0.215
Full Release
download
Summary
Magontec Limited's audited annual report for the year ending 31 December 2025 reported a 10.9% decrease in gross revenue to $64,285,000 and a net loss of $5,397,000 after tax. No dividends were declared for the year. The net tangible assets per share increased to 76 cents from the previous year's 58 cents. The financial accounts have been audited and the document was released to the market on 24 February 2026 by Executive Chairman Nicholas Andrews.
Key Points
  • Audited annual report for the period ending 31 December 2025.
  • Gross revenue decreased by 10.9% to $64,285,000.
  • Net loss from ordinary activities after tax was $5,397,000.
  • No dividend declared for the year.
  • Net tangible assets per share increased to 76 cents from 58 cents in 2024.
  • Financial accounts have been audited.
  • Document released to the market by Executive Chairman Nicholas Andrews.
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.