Decidr AI Industries Posts $71.1M Profit, Goodwill Hits $101.7M After Acquisition

A Transformative Year for Decidr AI Industries

Decidr AI Industries Ltd, formerly Live Verdure Ltd, has delivered a remarkable financial turnaround for the year ended 30 June 2025. The company reported a net profit of $71.1 million, a stark contrast to the $12.9 million loss recorded the previous year. This swing was largely driven by the acquisition and consolidation of Decidr.ai Pty Ltd, a B2B AI software platform business, which became a subsidiary on 31 December 2024.

Acquisition Impact and Goodwill Recognition

The acquisition of an additional 6% stake in Decidr.ai increased Decidr AI Industries’ ownership to 51%, granting control and prompting consolidation of Decidr.ai’s results. This transaction generated a substantial goodwill asset of $101.7 million, reflecting expected synergies and proprietary know-how. Additionally, a net gain of $88.4 million was recognised on the remeasurement of the previously held interest in Decidr.ai, significantly boosting reported profits.

Operational Performance and Financial Position

Revenue from ordinary activities rose to $2.375 million, up from $1.936 million the prior year, supported by increased research and development tax incentives and interest revenue. Despite the positive headline profit, underlying EBITDA and EBIT remained negative at $7.8 million and $7.9 million losses respectively, though these represent improvements over the previous year’s figures. The company’s net assets surged to nearly $100 million, bolstered by goodwill and equity raises totaling $19.2 million, alongside a $13.2 million loan used to finance the acquisition.

Strategic Moves Post-Year-End

Following the reporting period, Decidr AI Industries moved swiftly to divest its hemp-based health and wellness brand, 13 Seeds Pty Ltd, signaling a strategic focus on its AI software operations. More notably, the company entered a binding agreement to acquire the remaining 49% of Decidr.ai Pty Ltd, aiming for full ownership. This acquisition will be settled through the issuance of 78.4 million shares, subject to shareholder approval and regulatory consents. Concurrently, Decidr AI secured an underwriting agreement with Morgans Corporate Limited to support the exercise of listed options, potentially raising up to $3.9 million in additional capital.

Looking Ahead

Decidr AI Industries’ aggressive acquisition strategy and capital raising efforts underscore its ambition to become a leading player in AI software deployment and licensing. While the goodwill and acquisition accounting remain provisional and may be adjusted, the company’s improved financial footing and operational focus position it well for future growth. Investors will be watching closely as Decidr AI seeks to complete its full acquisition of Decidr.ai and translate its strategic investments into sustainable profitability.