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Oakridge International Limited (ASX:OAK)

ALERT: Price-sensitive ASX Announcement for OAK
Current share price for OAK : $0.064 -0.009 (-12.33%)+
Announcement
Release
24 Aug 2026 3:27PM
Price at Release
$0.073
Full Release
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Summary
Oakridge International Limited, an Australian company, reported a profit of $109,171 for the financial year ending 30 June 2026, marking a recovery from a loss in the previous year. Revenue increased by 42% to $3,446,008, driven by enhanced business development activities. Despite this growth, no dividends were declared or paid. The company continues to focus on healthcare technology and geothermal projects while exploring expansion opportunities in IoT. The financial position showed improved net assets of $1,361,413, up from the previous year, amidst a stable liabilities profile. The financial statements adhere to both Australian and international reporting standards.
Key Points
  • Oakridge International Limited reported a profit of $109,171 for the financial year ending 30 June 2026.
  • Revenue increased by 42% from the previous year, reaching $3,446,008.
  • The company did not declare or pay any dividends for the year ended 30 June 2026.
  • The primary business activities include healthcare technology and geothermal projects.
  • No major changes occurred in the company’s activities or state of affairs during the financial year.
  • Current liabilities were reported at $737,693 with non-current liabilities at $24,743.
  • Net assets increased to $1,361,413 from $902,246 in the previous year.
  • Oakridge maintains a focus on IoT and healthcare technology for strategic growth.
  • No options were granted during the fiscal year, and a significant amount of shares were issued via private placement.
  • The financial statements comply with Australian Accounting Standards and International Financial Reporting 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.