• Successful commissioning and ramp-up of Wubin Emulsion Facility
• Transition out of underground heavy equipment operations to focus on energetics and technology
• Collar Keeper® System expanding market reach with adaptability to Sandvik and Epiroc rigs

Aquirian Limited has reported its FY25 annual results, showcasing a year of strategic transition and execution as the company sharpened its focus on its two core pillars: Energetics and Technology. The commissioning and ramp-up of the Wubin Emulsion Facility was a landmark achievement, underpinning the company's integrated offering and positioning Aquirian at the forefront of blast outcomes. The company also transitioned out of the underground heavy equipment operations to redeploy capital into its growth divisions. While this transition required non-cash write-downs in FY25, it enables investment in the Wubin facility and the company's technology portfolio. The Wubin Facility is already supplying two customers under commercial agreements, with additional tenders active across Western Australia. On the technology front, the manual Collar Keeper® System is now adaptable across both Epiroc and Sandvik track rigs, significantly expanding its applicability across drilling platforms. The production-ready version of the automated Collar Keeper® System is in the final stages of workshop testing and is scheduled for production trials in Q1 FY26. The company remains committed to building a business resilient to external challenges and delivering solutions that improve efficiency for clients across mining, civil, and defence sectors in Australia and internationally.

The company reported revenues from ordinary activities of $26,073,235, up 12.6% from the prior year. EBITDA from ordinary activities was $1,582,302, down 41.3% from the prior year. The company recorded a statutory consolidated loss after tax of $3,411,903, down 425.7% from the prior year.

Aquirian is well-positioned to seize the opportunities ahead, with the Wubin Energetics facility ramping up and the Collar Keeper® System advancing toward automation. The company is confident in its ability to deliver on its vision and create lasting value for shareholders.