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Tissue Repair Ltd (ASX:TRP)

ALERT: Price-sensitive ASX Announcement for TRP
Current share price for TRP : $0.082 -0.218 (-72.67%)+
Announcement
Release
29 Aug 2025 11:47AM
Price at Release
$0.300
Full Release
download
Summary
Tissue Repair Ltd's Annual Report for the financial year ended 30 June 2025 outlines a challenging period with a reported loss after income tax of AUD 4,238,501, slightly higher than the previous year's loss of AUD 4,138,104. Revenue and other income increased to AUD 3,220,107 due to higher research and development tax incentives and interest income. Despite increased revenue, the company's total expenses rose to AUD 7,458,608, primarily due to higher research and development expenses and advertising costs. The company's net assets decreased from AUD 18,038,674 to AUD 13,911,558, reflecting accumulated losses. Share-based payments were recognized, and no dividends were declared. The company remains focused on obtaining value from its assets, with no immediate plans for dividends.
Key Points
  • Loss after income tax of AUD 4,238,501.
  • Revenue and other income rose to AUD 3,220,107.
  • Total expenses increased to AUD 7,458,608.
  • Net assets reduced to AUD 13,911,558.
  • No dividends declared during the year.
  • Share-based payment expenses recognized.
  • Focus on obtaining value from assets with no immediate dividend plans.
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.