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Rubicon Water Limited (ASX:RWL)

ALERT: Price-sensitive ASX Announcement for RWL
Current share price for RWL : $0.165 -0.025 (-13.16%)+
Announcement
Release
24 Aug 2026 9:43AM
Price at Release
$0.190
Full Release
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Summary
Rubicon Water Limited's 2026 Annual Report and Appendix 4E detail financial results for the year ending 30 June 2026, with a reported net loss of $15.7 million. Revenue fell to $61.1 million, impacted by delays in US federal funding and contract finalizations in Asia and EMEA. The appreciation of the Australian dollar and a reassessment of deferred tax assets also contributed to financial challenges. Despite these issues, the company secured significant new contracts, indicating ongoing demand for its water management technology.
Key Points
  • Rubicon Water Limited reported a net loss after tax of $15.7 million for the financial year ending 30 June 2026.
  • Revenue decreased from $69.1 million in FY25 to $61.1 million in FY26.
  • US federal funding delays impacted project activities and revenues.
  • Several contracts in Asia and EMEA were delayed, expected to contribute to FY27 earnings.
  • The appreciation of the Australian dollar negatively affected offshore revenues and operating expenses.
  • Deferred tax assets were reassessed, resulting in a derecognition of $4.1 million.
  • Despite challenges, new contracts valued over A$28.4 million were secured in the second half.
  • Appendix 4E under ASX Listing Rule 4.3A includes detailed financial results and analysis.
  • No dividends were declared for the current reporting period.
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.