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RTO Limited Pursues Reverse Takeover After Revenue Collapse

12:37pm on Thursday 28th of May, 2026 AEST Financial Services
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RTO Limited Pursues Reverse Takeover After Revenue Collapse

12:37pm on Thursday 28th of May, 2026 AEST
Key Points
  • Revenue from continuing operations plunged 90.5% to NZD 1,000
  • Net loss widened to NZD 242,000 despite no active business during the year
  • Board focused on reverse takeover to acquire a new business and raise growth capital
  • Investment criteria include strong management, scalable business model, and intellectual property
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