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Wide Open Agriculture Ltd (ASX:WOA)

ALERT: Price-sensitive ASX Announcement for WOA
Current share price for WOA : $0.009 -0.007 (-43.75%)+
Announcement
Release
30 Jan 2026 4:38PM
Price at Release
$0.016
Full Release
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Summary
Wide Open Agriculture Ltd reported a cash balance of $1.5 million at the end of December 2025 and a net operating cash outflow of $0.5 million for the quarter. The company generated $230,000 in toll manufacturing income and achieved its first sale of lupin oil to a European cosmetics firm. WOA's strategic focus includes entering the Chinese market, supported by participation in the China International Import Expo and collaboration with Univar. Payments to related parties amounted to $51k. The company is enhancing its board with Vincent Lauwerier's appointment and is exploring scalable manufacturing solutions to support growth.
Key Points
  • Wide Open Agriculture Ltd (WOA) held $1.5 million in cash as of 31 December 2025.
  • Net operating cash outflow for the quarter was $0.5 million.
  • The company generated $230,000 in toll manufacturing income.
  • WOA achieved its first commercial sale of lupin oil to a European cosmetics company.
  • Payments to related parties totaled $51k, covering directors’ fees, salaries, and superannuation.
  • WOA is focusing on market entry in China with Univar and participated in the 2025 China International Import Expo.
  • WOA joined the Australian delegation to the China International Import Expo in 2025.
  • WOA is exploring scalable manufacturing solutions, including contract manufacturing.
  • The company is progressing the characterization of lupin fiber for additional value streams.
  • Vincent Lauwerier was appointed as a Non-Executive Director.
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.