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FBR Ltd (ASX:FBR)

ALERT: Price-sensitive ASX Announcement for FBR
Current share price for FBR : $0.003 -0.001 (-25%)+
Announcement
Release
29 Aug 2025 6:17PM
Price at Release
$0.004
Full Release
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Summary
The Preliminary Final Report for FBR Ltd for the financial year ending June 30, 2025, highlights a total comprehensive loss of AUD 28,943,644, despite an increase in revenue to AUD 1,310,196. The company's total assets decreased to AUD 69,843,889, with significant net cash used in operating activities amounting to AUD 19,335,099. FBR Ltd received an R&D tax incentive and raised share capital to AUD 197,248,493. Post-reporting period, FBR entered into a finance agreement to secure up to USD 20 million. Accumulated losses grew to AUD 141,116,084, indicating ongoing financial challenges.
Key Points
  • FBR Ltd reported a total comprehensive loss of AUD 28,943,644 for the year ending June 30, 2025.
  • The company's revenue increased to AUD 1,310,196 from AUD 836,711 the previous year.
  • FBR Ltd's total assets were AUD 69,843,889, a decrease from the previous year's AUD 74,957,397.
  • Net cash used in operating activities was AUD 19,335,099 for the year.
  • The company received a Research & Development tax incentive of AUD 3,541,487.
  • FBR Ltd issued ordinary shares to raise capital, resulting in a share capital totaling AUD 197,248,493 by June 2025.
  • Significant events after the reporting date include a finance agreement with GEM Global Yield LLC SCS for up to USD 20 million.
  • The company continued to face financial challenges with accumulated losses increasing to AUD 141,116,084.
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.