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AUCyber Posts $19.5M Loss Amid Impairment and 5G Networks Takeover Bid

9:00am on Tuesday 18th of February, 2025 AEDT Information Technology
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AUCyber Posts $19.5M Loss Amid Impairment and 5G Networks Takeover Bid

9:00am on Tuesday 18th of February, 2025 AEDT
Key Points
  • Half-year net loss of $19.5 million, nearly doubling prior period loss
  • Revenue surged to $12.3 million, boosted by recent acquisitions
  • Impairment charge of $14.7 million on goodwill and intangibles
  • Board withdrew FY25 guidance due to below-budget performance
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