InvestSMART

Wide Open Agriculture Ltd (ASX:WOA)

ALERT: Price-sensitive ASX Announcement for WOA
Current share price for WOA : $0.009 -0.004 (-30.77%)+
Announcement
Release
9 Apr 2026 9:23AM
Price at Release
$0.013
Full Release
download
Summary
Wide Open Agriculture Ltd announced it received a tax rebate of A$1,686,579 for the 2024-25 financial year as part of the Australian Government's R&D tax incentive scheme. The rebate underscores the significant R&D activities in Australia and Germany focused on developing lupin protein isolates, fibres, and oils for global markets in food, beverage, cosmetics, and nutraceuticals. This financial boost will aid in the commercialisation of lupin protein products and support ongoing R&D efforts to scale operations and enter new markets.
Key Points
  • Wide Open Agriculture Ltd has received an R&D tax rebate of A$1,686,579.
  • The rebate is for the financial year 2024-25 under the Australian Government's R&D tax incentive scheme.
  • The rebate reflects significant R&D activities in Australia and Germany.
  • Funds will support the commercialisation of lupin protein products.
  • The rebate is part of efforts to scale the lupin protein platform and expand into new markets.
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.