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CurveBeam AI Limited (ASX:CVB)

ALERT: Price-sensitive ASX Announcement for CVB
Current share price for CVB : $0.020 -0.049 (-71.01%)+
Announcement
Release
27 Feb 2026 8:32AM
Price at Release
$0.069
Full Release
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Summary
The interim financial report for CurveBeam AI Limited for the half-year ended 31 December 2025 shows a slight increase in revenue to $4,961,630 but a decline in gross profit to $1,824,592. The company reported a net loss of $9,720,841, which was slightly lower than the previous year's loss. Total assets increased to $61,761,805, while liabilities decreased slightly to $25,193,429. The company raised $6,500,000 in capital during the period, contributing to an increase in issued capital. Research and development tax incentives and finance expenses were significant financial activities during this half-year.
Key Points
  • Revenue for the half-year ended 31 December 2025 was $4,961,630 compared to $4,906,369 in December 2024.
  • Gross profit for the period was $1,824,592, down from $2,181,879 in the previous year.
  • Total comprehensive income for the half-year was a loss of $9,720,841, compared to a loss of $10,747,656 in the previous year.
  • Cash and cash equivalents were $4,024,703 at the end of December 2025, down from $5,041,148 at the beginning of the half-year.
  • Total assets as at 31 December 2025 were $61,761,805 up from $60,983,755 as at June 2025.
  • Total liabilities were reported at $25,193,429 as of December 2025, compared to $25,873,437 in June 2025.
  • Issued capital increased to $143,175,763 as of December 2025 from $136,652,400 in June 2025.
  • The company received $6,500,000 from a capital raise during the period.
  • Research and development tax incentives amounted to $980,069 during the half-year.
  • The company incurred finance expenses amounting to $434,657 during the 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.