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Aquirian Limited (ASX:AQN)

ALERT: Price-sensitive ASX Announcement for AQN
Current share price for AQN : $0.390 0.05 (14.71%)+
Announcement
Release
28 Aug 2025 8:20AM
Price at Release
$0.340
Full Release
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Summary
Aquirian Limited's Annual Report for FY25 highlights a strategic transition year with a focus on its core pillars: Energetics and Technology. The company reported a 12.6% increase in revenue, primarily due to the operations at the Wubin Emulsion Facility, which began offering tolling and energetics contracts. Despite this revenue growth, the company recorded a significant statutory consolidated loss after tax of $3.41 million, influenced by startup costs at Wubin and impairments in the Cybem Services goodwill and underground fleet. Aquirian initiated a share placement to fund further upgrades at Wubin and technology enhancements, such as the Collar Keeper® System. The report also mentions no dividends declared and a strategic review undertaken to maximize value from the Wubin facility.
Key Points
  • Aquirian Limited reported a 12.6% increase in revenue to $26,073,235.
  • The company recorded a statutory consolidated loss after tax of $3,411,903.
  • Wubin Emulsion Facility operations contributed significantly to revenue growth.
  • Impairments in Cybem Services goodwill and the underground fleet affected financial performance.
  • No dividends were declared during or after the financial year.
  • A share placement raised $5.0 million to accelerate upgrades and technology development.
  • The Collar Keeper® System is in the final stages of automation testing.
  • A strategic review was initiated to maximize the Wubin facility's value.
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.