Appendix 4D & Half Year Financial Report to 31 December 2024
Adisyn Ltd
Key points
- Revenue declined 48% to $1.95 million
- Loss after tax increased 217% to $2.67 million
- Completed acquisition of 2D Generation, a semiconductor technology company
Full summary
Adisyn Ltd reported a 48% decline in revenue to $1.95 million and a 217% increase in loss after tax to $2.67 million for the half-year ended 31 December 2024. The company completed the acquisition of 2D Generation, a semiconductor technology company, to focus on developing advanced semiconductor solutions. Adisyn secured groundbreaking technology through the acquisition, including a patented solution enabling in-situ atomic layer deposition of graphene on semiconductor interconnects. The company is currently advancing its understanding of graphene coating for semiconductors and targeting uniform deposition of graphene onto a 1cm-by-1cm coupon. Adisyn also streamlined its existing services offering, including the surrender of a data centre lease and divestment of its cryptocurrency mining hosting business, to free up capital for the semiconductor opportunity.
Outlook
The semiconductor industry represents a key target market for Adisyn, driven by strong growth in the AI market and increasing global investment in semiconductor research and development. Adisyn's wholly owned subsidiary, 2D Generation, will continue to make developments in its semiconductor technology and progress its ConnectingChips projects with innovation partners.