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Norwood Systems Limited (ASX:NOR)

ALERT: Price-sensitive ASX Announcement for NOR
Current share price for NOR : $0.025 0.011 (78.57%)+
Announcement
Release
27 Feb 2026 7:09PM
Price at Release
$0.014
Full Release
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Summary
The interim financial report for Norwood Systems Limited for the half-year ended 31 December 2025 presents a challenging financial performance. The company reported a net loss of $909,374 for the half-year, with total comprehensive income also reflecting this loss. Revenue streams included receipts from customers amounting to $1,120,695 and government grants of $786,674, but these were offset by higher payments to suppliers and employees. The report highlights a decrease in cash and cash equivalents over the period, ending at $37,951. Changes in equity were marked by new equity issuances and share-based payments, reflecting ongoing efforts to manage capital amidst financial difficulties.
Key Points
  • Net loss for the half-year: $909,374.
  • Receipts from customers: $1,120,695.
  • Government grants received: $786,674.
  • Payments to suppliers and employees: $(1,746,463).
  • Cash and cash equivalents at end of period: $37,951.
  • Equity issuances and share-based payments occurred during the period.
  • Total equity as of 31 December 2025: $(859,322).
  • No changes in accounting policies for the reporting period.
  • Company anticipates being able to meet debts as they come due.
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.