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Halo Technologies Holdings Ltd (ASX:HAL)

ALERT: Price-sensitive ASX Announcement for HAL
Current share price for HAL : $0.016 -0.019 (-54.29%)+
Announcement
Release
27 Feb 2026 5:14PM
Price at Release
$0.035
Full Release
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Summary
Halo Technologies Holdings Ltd experienced a financial loss for the year ending 31 December 2025, with revenue and other income decreasing compared to the previous year. The company raised additional funds through a rights issue and issued performance rights to a key director. The audit highlighted concerns about the company's ability to continue as a going concern. The Board is addressing shareholder concerns regarding executive remuneration, and no dividends were declared for the period.
Key Points
  • Halo Technologies Holdings Ltd reported a loss after income tax of $17,405,740 for the year ended 31 December 2025.
  • Total revenue and other income for the year amounted to $15,994,137, which was a decrease compared to the previous year.
  • The company conducted a pro rata renounceable rights issue, raising $3,924,500 before costs.
  • 35,000,000 performance rights were issued to Mr. Peter Oxlade, with specific vesting conditions attached.
  • The net tangible assets per ordinary security were reported as (3.29) cents, a decline from the previous period.
  • The audit report contained an unmodified opinion but noted a material uncertainty related to the company’s ability to continue as a going concern.
  • Key management personnel received total remuneration of $2,046,229 for the financial year.
  • The Board of Directors is focused on refining the company’s remuneration framework following shareholder voting outcomes.
  • No dividends were declared or paid during the financial year.
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.