Preliminary Final Report
| Stock | 1414 Degrees Ltd (14D.ASX) |
|---|---|
| Release Time | 29 Aug 2025, 3:40 p.m. |
| Price Sensitive | Yes |
1414 Degrees Ltd Reports Preliminary FY2025 Results
- Loss from ordinary activities after tax up 33.3% to $3,340,190
- Share of loss from SiliconAurora joint venture increased to $830,428
- Cash and cash equivalents increased to $1,799,915
1414 Degrees Ltd has released its preliminary financial report for the year ended 30 June 2025. The company reported a loss from ordinary activities after tax of $3,340,190, up 33.3% from the previous year. This was driven by an increase in the company's share of loss from the SiliconAurora joint venture, which grew to $830,428 from $342,571 in the prior year. Despite the higher loss, 1414 Degrees' cash and cash equivalents increased to $1,799,915 from $1,707,352 in the previous year. The unaudited preliminary financial report shows the company incurred a net loss during the reporting period, and its ability to continue as a going concern is contingent upon generating cash inflow from its business and/or successfully raising additional capital. No allowance for this material uncertainty has been made in the financial report.