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Ocean Sciences builds seaweed revenue while funding pressure remains

6:27pm on Tuesday 29th of September, 2026 AEST • Biotechnology
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Ocean Sciences builds seaweed revenue while funding pressure remains

6:27pm on Tuesday 29th of September, 2026 AEST
Key Points
  • Continuing-operations revenue rose to A$3.444 million from A$235,990
  • Operating cash outflow widened to A$2.319 million
  • Auditor flagged material uncertainty over going concern
  • US$375,000 trade facility extended to August 2027
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