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Why Did Rectifier Technologies Swing to a Loss in FY2025 Amid EV Market Challenges?
2:52am on Saturday 30th of August, 2025 AEST
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Technology
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Why Did Rectifier Technologies Swing to a Loss in FY2025 Amid EV Market Challenges?
2:52am on Saturday 30th of August, 2025 AEST
Key Points
Revenue declined 30.8% to $17.15 million
Loss before tax of $691,696 reversing prior year profit
Global EV market slowdown delayed charger deployments and softened demand
Management implemented cost-saving measures and asset optimisation
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Rectifier Technologies (ASX:RFT)
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