Hubify Limited (ASX:HFY)

ALERT: Price-sensitive ASX Announcement for HFY

Current share price for HFY : $0.011 0.003 (37.50%)⁺

Announcement

Appendix 4E and Annual Report to Shareholders

Release

28 Aug 2025 8:06AM

Price at Release

$0.008

Full Release

Summary

The Annual Report for Hubify Limited for the financial year ending 30 June 2025 provides a comprehensive overview of the company's financial performance, key management personnel, and strategic decisions. The report highlights a significant loss after income tax, detailing various revenue streams and expenses, including substantial impairment of intangible assets. The company managed liquidity risks by maintaining adequate cash reserves and available borrowing facilities. Key management personnel's remuneration, including share-based payments and performance rights, was detailed, indicating strategic adjustments, such as the cancellation and re-issuance of performance rights due to a shift in business strategy. The financial statements also reflect corporate governance practices and the company's operational focus primarily within Australia. No significant events post-reporting period are noted.

Key Points

Hubify Limited reported a significant loss after income tax.
Intangible assets faced substantial impairment.
The company maintained sufficient liquidity through cash reserves and borrowing facilities.
Key management personnel were detailed, including remuneration and performance rights.
Strategic adjustments included a shift in business strategy affecting performance rights.
The company's operations are primarily focused within Australia.
No significant post-reporting period events affected the company's state of affairs.

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.