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BauMart Slashes Losses to $123K as Strategic Shift Gains Traction

4:40am on Saturday 30th of August, 2025 AEST Building Materials
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BauMart Slashes Losses to $123K as Strategic Shift Gains Traction

4:40am on Saturday 30th of August, 2025 AEST
Key Points
  • Net loss narrowed by 97% to $123K in FY25
  • Revenue plunged 93% to $35K, reflecting subdued sales
  • Rights issue raised fresh equity, boosting financial resilience
  • Strategic focus on sustainable energy and alternative building materials
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