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Alcidion Rebounds to $1.65M Profit on 10% Revenue Boost and Cost Cuts
1:41am on Saturday 30th of August, 2025 AEST
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Alcidion Rebounds to $1.65M Profit on 10% Revenue Boost and Cost Cuts
1:41am on Saturday 30th of August, 2025 AEST
Key Points
10% revenue increase to $40.8 million fueled by new ANZ and UK contracts
Turnaround from $8.4 million loss in FY24 to $1.65 million profit in FY25
Staff restructuring cuts costs by nearly $4 million
Registered new Canadian subsidiary, though inactive during FY25
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ALCIDION (ASX:ALC)
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