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Kalina Power Posts AUD 4.67M Loss, Eyes Asset Sales and Funding to Secure Future
2:42am on Saturday 30th of August, 2025 AEST
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Energy
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Kalina Power Posts AUD 4.67M Loss, Eyes Asset Sales and Funding to Secure Future
2:42am on Saturday 30th of August, 2025 AEST
Key Points
Net loss of AUD 4.67 million for FY25 with zero revenue
Cash reserves of AUD 1.52 million but current liabilities exceed assets by AUD 833,243
Strategic transfer of 180 MW capacity in Alberta with non-refundable deposit received
Active sale process for multiple Canadian project sites underway
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