• Revenue up 6% to $44.3M
• Profit down 30% to $21.9M
• Dividends of 2.4 cents per share
• 5-year strategic plan to drive 30-50% production increase by FY30

Atlas Pearls Ltd has reported its FY25 results, with revenue up 6% to $44.3M and EBITDA of $18.6M. Net profit after tax was $21.9M, down 30% from FY24. The company finished the year in a strong financial position, with cash in the bank of $20.2M. The Board declared a final dividend of 1.4 cents per share, fully franked, bringing total dividends for the year to 2.4 cents per share. The company's 5-year strategic plan aims to drive operational expansion and business diversification, with the goal of increasing production capacity by 30-50% by FY30. Key initiatives include developing joint ventures with juvenile shell producers, growing organically through traditional means, and optimizing cultivation duration. Atlas Pearls is also engaging with the Indonesian government to align with its Blue Economy Roadmap. On the sales front, the company continues to build its multi-channel distribution strategy, with a focus on servicing and reconnecting with wholesale customers, as well as increasing value-added offerings like strands and matched pairs.

Atlas Pearls is targeting an increase in pearl production capacity of between 30% and 50% by FY30.

Atlas Pearls has outlined a 5-year strategic plan focused on quality operations, people and culture, sustainability, and customers. The plan aims to drive operational expansion and business diversification to unlock future growth.