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AAP Navigates Lease Exit with Loss but Locks in Olive Oil Supply Deal

7:04pm on Thursday 26th of February, 2026 AEDT Agriculture
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AAP Navigates Lease Exit with Loss but Locks in Olive Oil Supply Deal

7:04pm on Thursday 26th of February, 2026 AEDT
Key Points
  • Half-year net loss of $797,061 after lease termination
  • Cessation of Victorian Olive Oil Project lease impacts revenue recognition
  • Strong operating cash flow of $1.8 million supports debt reduction
  • Extended olive oil supply agreement with Cobram Estate for five more harvests
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