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Terragen Cuts Losses, Raises $7M to Drive Global Growth
3:32pm on Thursday 19th of February, 2026 AEDT
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Agriculture
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Terragen Cuts Losses, Raises $7M to Drive Global Growth
3:32pm on Thursday 19th of February, 2026 AEDT
Key Points
Half-year net loss narrows to $1.78 million, down 23%
Revenue declines 26% to $672,000 due to dry conditions and sales strategy shift
Research and development expenses halved to $618,000 reflecting moderated spending
Successful $7 million equity placement announced in February 2026
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Terragen Holdings (ASX:TGH)
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