Timing of lodgement of FY25 accounts
| Stock | HYDRIX Ltd (HYD.ASX) |
|---|---|
| Release Time | 30 Sep 2025, 9:53 a.m. |
| Price Sensitive | Yes |
Hydrix Delays FY25 Accounts Lodgement
- Awaiting independent valuation report for Wavewise Analytics shareholding
- Audit finalisation expected in week of 6 October 2025
- ASX trading suspension effective 1 October 2025 until accounts lodged
Hydrix Limited (ASX: HYD) has provided an update on the timing of lodgement of its financial statements for the financial year ended 30 June 2025 (FY25 Financial Statements). The company is awaiting completion of an independent valuation report to finalise the valuation of its shares in Wavewise Analytics Pty Ltd (formerly Cyban Pty Ltd), held by Hydrix's wholly-owned subsidiary, Hydrix Ventures Pty Ltd. Hydrix's auditor has advised that an independent valuation report is required to obtain sufficient audit evidence to support the valuation of the Wavewise shareholding. The company has promptly engaged an external valuer to prepare the required valuation report, which is expected to be completed during the week commencing 6 October 2025. Other than this audit matter, there are no other outstanding issues that will impact Hydrix's ability to finalise and lodge its audited FY25 Financial Statements. As a result of the circumstances, the company will not be able to release its audited FY25 Financial Statements on 30 September 2025, as required by ASX Listing Rule 4.5.1. Consequently, ASX will automatically suspend the company's shares from trading, effective 1 October 2025, until the audited FY25 Financial Statements are lodged, which Hydrix expects to occur during the week of 6 October 2025.