Australia · Delayed Price · Currency is AUD Rubicon Water Earnings Call Transcripts
Fiscal Year 2026
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Revenue fell 9% year-over-year to AUD 29 million, mainly due to FX impacts and U.S. funding delays, resulting in a AUD 6.4 million loss. Despite this, a strong project pipeline, new corporate-funded contracts, and robust base business underpin optimism for H2 and FY 2026.
Fiscal Year 2025
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The meeting celebrated 30 years of innovation, reported record revenue, and outlined global expansion, including new contracts and joint ventures in China and India. All resolutions were put to a poll, with no questions raised by shareholders.
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Record revenue of AUD 69.1 million was achieved, driven by international growth, especially in the U.S. and Europe, while net loss narrowed to AUD 7 million due to one-off costs. A strong project pipeline and restructuring in China and India position the business for future growth.
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Revenue reached AUD 32 million with strong growth in the US and Europe, and operating cash flow turned positive. Major project wins and a robust pipeline position the business for profitability as revenues approach AUD 67 million, with significant operating leverage expected.
Fiscal Year 2024
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The AGM highlighted strong international growth, record US sales, and a shift toward recurring revenue streams. Shareholders raised questions on governance, capital raising, and meeting transparency, with the board committing to review feedback for future improvements.
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Revenue grew 13% year-over-year, driven by strong US and India performance, despite one-off impacts in China and Chile. A successful AUD 16 million capital raise and a robust project pipeline position the business for significant international growth.