• Anticipated FY25 total comprehensive income close to breakeven
• Net profit of $3.5M to $4.5M offset by $4M to $5M net loss in Other Comprehensive Income
• Gains in Webjet Group and Cover Genius investments largely offset by decline in Hillgrove Resources

Ariadne Australia Ltd has provided a market update on its anticipated FY25 financial result. The company's total comprehensive income attributable to members for the year to 30 June 2025 is expected to be close to breakeven, comprising a net profit attributable to members in the range of $3.5 million to $4.5 million reported through Profit and Loss, offset by a net loss attributable to members in the range of $4.0 million to $5.0 million reported through Other Comprehensive Income. The net profit was driven by gains in Ariadne's investment portfolio, including a $2.7 million gain in Webjet Group Ltd and a $4.1 million gain in Cover Genius Ltd, which were largely offset by a $7.0 million decline in the market value of the investment in Hillgrove Resources Ltd. Ariadne's result was further impacted by accounting adjustments, transaction and other costs associated with Orams's partnership with Precinct Properties Holdings Limited. Despite these movements, Ariadne remains in a solid financial position, with a diversified portfolio and cash reserves of approximately $20.3 million at balance date.

Ariadne's total comprehensive income attributable to members for FY25 is expected to be close to breakeven, comprising a net profit attributable to members in the range of $3.5 million to $4.5 million and a net loss attributable to members in the range of $4.0 million to $5.0 million.