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Terragen Launches Dry Probiotics Amid $3.72M Loss and $4.76M Capital Raise

12:14am on Saturday 30th of August, 2025 AEST Agriculture
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Terragen Launches Dry Probiotics Amid $3.72M Loss and $4.76M Capital Raise

12:14am on Saturday 30th of August, 2025 AEST
Key Points
  • Net loss widened to $3.72 million despite new product launches
  • Revenue declined 24% to $1.62 million due to challenging environmental conditions
  • Introduced dry format probiotics for ruminants targeting beef and lamb feedlots
  • Raised $4.76 million through placement and entitlement offer to strengthen balance sheet
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