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How Is AVADA Tackling a $9.7m NZ Impairment Amid FY25 Revenue Decline?
4:33am on Saturday 30th of August, 2025 AEST
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Industrial Services
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How Is AVADA Tackling a $9.7m NZ Impairment Amid FY25 Revenue Decline?
4:33am on Saturday 30th of August, 2025 AEST
Key Points
FY25 revenue declined to $183.1 million from $204.9 million in FY24
Adjusted EBITDA fell to $12.8 million, reflecting margin pressures and competitive trading
$9.7 million impairment recorded on New Zealand operations amid weak economic conditions
Phase 1 of business transformation completed, including ERP rollout and brand unification
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