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Oakridge International Limited (ASX:OAK)

ALERT: Price-sensitive ASX Announcement for OAK
Current share price for OAK : $0.062 -0.023 (-27.06%)+
Announcement
Release
11 Feb 2026 5:18PM
Price at Release
$0.085
Full Release
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Summary
Oakridge International Limited's half-year financial report for the period ending 31 December 2025 shows a significant improvement with a profit after tax of $172,239 compared to a loss of $126,968 in the previous half-year. Revenue from ordinary activities increased by 61.9% to $1,789,640. The company did not declare any dividends for the period. The report highlights the company's focus on healthcare technology, particularly through its subsidiary JCT Healthcare Pty Ltd, and its involvement in technology development focusing on IoT. The financial position as of 31 December 2025 indicates total assets of $2,110,536 and net assets of $1,074,485. The company also secured a short-term interest-free advance of $215,000 from an entity associated with a director. Despite cash outflows from operations impacting cash reserves, the directors believe the company remains a going concern due to expected profitability and ability to raise capital. The company's strategic focus includes strengthening its capital base, expanding its market reach, and enhancing its product offerings.
Key Points
  • Significant profit improvement with $172,239 after tax.
  • Revenue increased by 61.9% to $1,789,640.
  • No dividends declared for the period.
  • Focus on healthcare technology through JCT Healthcare Pty Ltd.
  • Involvement in technology development focusing on IoT.
  • Total assets of $2,110,536 and net assets of $1,074,485.
  • Secured a short-term advance of $215,000 from a director-related entity.
  • Cash outflows impacted reserves but company remains a going concern.
  • Strategic focus on expanding market and strengthening capital base.
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.