AVD.ASX: LR4.3D - adjustments to financial statements

LR4.3D - adjustments to financial statements

Stock	Avada Group Ltd (AVD.ASX)
Release Time	30 Sep 2025, 4:53 p.m.
Price Sensitive	Yes

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Avada Group Ltd reports adjustments to FY25 results

Key Points

Income tax benefit increased by $2.038 million
Reclassification of borrowings from non-current to current liabilities
Reallocation of assets and liabilities between CGUs

Full Summary

Avada Group Ltd (ASX: AVD) has advised of material adjustments to its audited financial statements for the year ended 30 June 2025. The key changes include: 1) Income tax benefit increased by $2.038 million due to finalisation of deferred tax calculations; 2) Reclassification of borrowings from non-current to current liabilities due to ongoing negotiations for deferral of facility repayments; and 3) Reallocation of assets and liabilities between cash-generating units (CGUs) to accurately reflect their allocation. The Board confirmed that these adjustments do not affect operating revenue or cash flow from operations, and the Company remains in a strong financial position. The audited financial statements have been lodged with ASIC and are available on the company's website and the ASX platform.