InvestSMART

RLF AgTech Ltd (ASX:RLF)

ALERT: Price-sensitive ASX Announcement for RLF
Current share price for RLF : $0.028 -0.033 (-54.10%)+
Announcement
Release
28 Apr 2026 8:18AM
Price at Release
$0.061
Full Release
download
Summary
RLF AgTech Ltd, an Australian plant nutrition company, reported its Quarterly Activities and Appendix 4C Cash Flow Report for the quarter ended 31 March 2026. The company recorded a positive EBITDA of $166k for March and a total revenue of $18 million over nine months, marking a strong trading period. RLF raised $4.5 million through an institutional placement to fund working capital, specifically to secure raw materials and support commercialization efforts. The company is focusing on strategic capital and inventory management, with a $4.1 million inventory as of March 31. It also implemented significant operational changes, including a 47% reduction in the LiquaForce business headcount and centralizing manufacturing to cut costs. RLF is transitioning to a capital-light model, engaging in partnerships and joint ventures to maximize asset utilization. The company anticipates improved cash flow in the next quarter due to increased sales activity.
Key Points
  • Positive EBITDA of $166k for March.
  • Total revenue of $18 million for nine months.
  • Raised $4.5 million through institutional placement.
  • Focus on strategic capital and inventory management.
  • Implemented operational changes, reducing LiquaForce headcount by 47%.
  • Centralized manufacturing to reduce fixed costs.
  • Transitioning to a capital-light model with partnerships and joint ventures.
  • Anticipates improved cash flow in the upcoming quarter.
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.