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Why Did Close the Loop’s Losses Triple Despite Revenue Holding Steady?
10:37pm on Friday 29th of August, 2025 AEST
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Sustainability and Recycling
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Why Did Close the Loop’s Losses Triple Despite Revenue Holding Steady?
10:37pm on Friday 29th of August, 2025 AEST
Key Points
Revenue down 7% to $195.1 million
Net loss widened 296% to $21.9 million
Underlying EBITDA fell 59% to $18.4 million
Closure of Melbourne’s O F Resource Recovery business
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