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Halo Technologies Faces $6M Loss, Eyes $11M Rights Issue Amid Auditor Warnings
4:44am on Saturday 30th of August, 2025 AEST
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Financial Services
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Halo Technologies Faces $6M Loss, Eyes $11M Rights Issue Amid Auditor Warnings
4:44am on Saturday 30th of August, 2025 AEST
Key Points
Half-year loss narrowed to $6.06 million from $8.04 million
Revenue declined 19% to $7.99 million due to market volatility
Underlying EBITDA loss increased 33% to $6.07 million
Auditor flagged $2.86 million overstatement in intangible assets
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HALO TECHNOLOGIES HOLDINGS (ASX:HAL)
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