InvestSMART

Rivco Australia Ltd (ASX:RIV)

ALERT: Price-sensitive ASX Announcement for RIV
Current share price for RIV : $1.190 -0.235 (-16.49%)+
Announcement
Release
29 Jul 2026 9:26AM
Price at Release
$1.425
Full Release
download
Summary
Rivco Australia Ltd's quarterly activities and Appendix 4C cash flow reports highlight the company's financial performance and strategic priorities for the quarter ending June 2026. The company reported a pre-tax net asset value (NAV) of $1.76 per share, reflecting a 1% total return for the quarter. It achieved a record 80% leased percentage from 1 July 2026, generating approximately $10.6 million in revenue for the 2026/27 water year. Operating receipts amounted to $2.4 million, while investing cash outflows were $11.6 million due to water entitlement acquisitions. Financing cash flows included $17.5 million in debt drawdowns. The company's debt facility was drawn to $38 million, with a remaining capacity of $2 million. Strategic priorities include increasing earnings stability, optimizing the portfolio, refining investment propositions, and maintaining disciplined capital management.
Key Points
  • Pre-tax NAV closed at $1.76 per share, indicating a ~1% total return for the quarter.
  • Achieved 80% leased percentage, exceeding the target of =70%.
  • Generated $10.6 million in revenue for the 2026/27 water year.
  • Operating receipts totalled $2.4 million.
  • Investing cash outflows were $11.6 million for water entitlement acquisitions.
  • Financing cash flows included $17.5 million of debt drawdowns.
  • Debt facility drawn to $38 million, with $2 million undrawn capacity.
  • Strategic priorities focus on earnings stability, portfolio optimization, and disciplined capital management.
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.