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How Did Multistack Turn a $1.68M Loss into a $2.26M Profit Amid Revenue Collapse?

12:12pm on Friday 20th of February, 2026 AEDT Industrial Machinery & Equipment
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How Did Multistack Turn a $1.68M Loss into a $2.26M Profit Amid Revenue Collapse?

12:12pm on Friday 20th of February, 2026 AEDT
Key Points
  • Net profit of $2.26 million despite 57.5% revenue decline
  • Core trading entity incurs ongoing operating losses
  • Significant $4 million other income from settlements and asset disposals
  • Board decides to discontinue current business and pursue disposal
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