• Record September quarter cash receipts of $5.3 million, up 6% year-over-year
• Cash position of $8.2 million, up 122% year-over-year
• RLF LiquaForce delivered $3.5 million in cash receipts, up 39% year-over-year

RLF AgTech Ltd, an Australian-based plant nutrition company, has reported a strong September quarter with record cash receipts of $5.3 million, up 6% from the prior corresponding period. The company's cash position at the end of the quarter was $8.2 million, up 122% year-over-year. Adjusting for a $3.4 million net financing inflow, the company's like-for-like cash position was $4.8 million, up 20% from the prior corresponding period. This reflects a healthy cash position, receivables balance, and inventory levels, demonstrating continued operational improvement. A highlight of the period was the RLF LiquaForce business unit, which increased cash receipts by 39% to $3.5 million, an uplift of $1.0 million on the prior corresponding period. The company has also appointed Mr. Stuart Upton as Chief Operating Officer to lead the next phase of growth. The company's focus is on converting recent structural improvements into consistent market execution, margin expansion, and reliable, scalable service to its channel partners and growers. Key activities during the quarter included expanding distribution through a national trading agreement with Nutrien Ag Solutions, conducting over 35 trials and demonstrations across Australia, and implementing a successful toll-manufacturing pricing model and new variable-rate liquid applicator in the RLF LiquaForce business.

The company's focus is on converting proof into scale, expanding the retail footprint in Australia, continuing to execute the core RLF LiquaForce business while expanding toll manufacturing and introducing higher-margin RLF products, and progressing commercialization in Vietnam and India while maintaining steady growth in China.