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International Equities Returns to Profit as Hotel Operations Wind Down
11:02am on Friday 17th of July, 2026 AEST
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Real Estate
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International Equities Returns to Profit as Hotel Operations Wind Down
11:02am on Friday 17th of July, 2026 AEST
Key Points
Revenues fall 15.6% to A$2.08 million for FY2026
Net profit of A$46,000 after prior year loss of A$1.25 million
Hotel and tourism operations ceased, focus shifts to property leasing
Negative operating cash flow of A$621,000, but funding covers 4.6 quarters
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International Equities (ASX:IEQ)
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