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Nexted Group Limited (ASX:NXD)

ALERT: Price-sensitive ASX Announcement for NXD
Current share price for NXD : $0.052 -0.128 (-71.11%)+
Announcement
Release
25 Feb 2026 8:05AM
Price at Release
$0.180
Full Release
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Summary
NextEd Group Limited's interim financial report for the half-year ended 31 December 2025 provides a comprehensive financial overview. The report highlights a revenue of AUD 45.661 million and a gross profit of AUD 24.142 million, with a net loss before tax of AUD 662,000. The key components of expenses include employee benefits, depreciation, amortisation, and finance costs, with notable impairment reversals related to right-of-use assets. The company's total assets amounted to AUD 105.767 million, with equity reported at AUD 20.007 million. The financial results reflect challenges with a decrease in net assets and ongoing liabilities, yet there are strategic financial management efforts such as share-based payments and related party transactions. The report also notes compliance with Australian accounting standards and regulatory requirements, as emphasized in the auditor's independence declaration.
Key Points
  • Revenue for the half-year was AUD 45.661 million.
  • Net loss before tax was AUD 662,000.
  • Total assets were AUD 105.767 million.
  • Total equity stood at AUD 20.007 million.
  • Right-of-use asset impairments were reversed.
  • Strategic use of share-based payments to incentivize management.
  • Compliance with Australian statutory financial standards.
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.