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Close the Loop Limited posted a 6% revenue increase to $125.6 million for FY26 but recorded a hefty $105.3 million net loss primarily driven by disposals and one-off restructuring costs. The company has refocused on core packaging and resource recovery businesses while slashing debt and setting a $14-16 million EBITDA target for FY27.

Close the Loop Limited has sold its ISP Tek Services business for US$10 million, slashed US$16 million of debt, and set an optimistic EBITDA target of $14 million to $16 million for FY27, signalling a sharper focus on its packaging and resource recovery strengths.

Close the Loop Limited reports a robust cash position exceeding A$30 million and appoints Matthew Zimmer as CEO for North American operations, setting the stage for anticipated revenue and EBITDA growth in FY26.