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Nexted Group Limited (ASX:NXD)

ALERT: Price-sensitive ASX Announcement for NXD
Current share price for NXD : $0.055 -0.025 (-31.25%)+
Announcement
Release
19 Aug 2026 7:48AM
Price at Release
$0.080
Full Release
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Summary
The 2026 Annual Report and Appendix 4E for NextEd Group Limited detail a comprehensive overview of the company's financial performance for the year ended 30 June 2026. The report highlights a significant net loss before tax amounting to $12.93 million, which was impacted by several factors including depreciation, amortisation, and impairment expenses. Revenue from continuing operations was $86.64 million with a gross profit of $47 million. Major financial adjustments included impairments and statutory adjustments related to the Technology & Design segment, as well as corporate restructuring costs. The company's equity was recorded at $5.74 million, with accumulated losses totaling $98.03 million. The report also notes substantial unrecognised tax assets due to insufficient probable future taxable profits. In terms of shareholder structure, Wilson Asset Management Group and AWJ Family Pty Ltd are among the substantial shareholders.
Key Points
  • Net loss before tax of $12.93 million.
  • Revenue from continuing operations was $86.64 million, gross profit was $47 million.
  • Significant impacts from depreciation, amortisation, and impairment expenses.
  • Major financial adjustments due to impairments and restructuring.
  • Equity recorded at $5.74 million; accumulated losses at $98.03 million.
  • Unrecognised tax assets due to insufficient probable future taxable profits.
  • Wilson Asset Management Group and AWJ Family Pty Ltd are major shareholders.
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.