Latest Going Concern News

Vonex Limited reported a significantly reduced net loss for FY25 alongside a strengthened balance sheet, operational upgrades, and a pending acquisition by Maxo Telecommunications. The company is navigating going concern uncertainties while advancing network expansion and governance reforms.

AdAlta Limited reported a reduced net loss of $4.5 million for FY2025 but flagged material uncertainty over its ability to continue as a going concern, with no dividends declared.

Terragen Holdings reported a $3.72 million loss for FY25, impacted by drought and lower revenues, while launching dry probiotic products targeting feedlots and completing a $4.76 million equity raise.

AUCyber Limited reported a 112% revenue increase to $23 million in FY25, driven by acquisitions and cybersecurity growth, despite a $37.6 million net loss largely due to impairment charges. The company’s strategic pivot under 5G Networks’ majority ownership signals a renewed focus on sovereign cloud and AI-enhanced security services.

Audeara Limited reported a 19% revenue increase to $3.79 million for FY25, driven by strong Australian wholesale growth and expanding international partnerships. Despite a net loss of $1.79 million, the company’s AUA Technology division and new licensing deals position it for future profitability.

Noumi Limited has posted a significant $150 million loss for the year ending June 2025, driven by non-cash charges and raising questions about its financial stability.

InhaleRx Limited reported a widening half-year loss as it accelerates clinical trials for inhaled drug-device therapies, supported by a substantial $38.5 million funding facility.

EVT Group has released an extensive valuation update on its diversified $2.3 billion property portfolio, spotlighting landmark Sydney CBD assets alongside a broad hospitality and entertainment footprint across Australia, New Zealand, and Germany.

Carnegie Clean Energy reported a $2.33 million net loss for FY2025 but made significant strides in commercialising its wave energy technologies, supported by new loans and a US subsidiary launch.

Felix Group Holdings Limited reported a reduced net loss for FY25 alongside a 20% growth in enterprise ARR and a strategic acquisition of Nexvia to accelerate its supply chain platform expansion.

My Foodie Box Ltd reported a net loss of $240,933 for FY25 following the divestment of its core meal kit business and is now pursuing a complex relisting on the ASX amid ongoing funding needs and going concern uncertainties.

International Equities Corporation Ltd reported a $1.249 million net loss for FY2025, reflecting ongoing challenges in its tourism segment amid a slowing economy and rising costs. The company’s property development and leasing operations also faced headwinds, leading to a decline in overall revenue and asset backing.