Quarterly Activities/Appendix 4C Cash Flow Report

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Stock RLF Agtech Ltd (RLF.ASX)
Release Time 28 Jan 2026, 8:15 a.m.
Price Sensitive Yes
 RLF AgTech reports record December quarter cash receipts
Key Points
  • Record December quarter cash receipts of $10.4 million, up 8% on prior period
  • Strong cash position of $8.3 million at quarter end
  • LiquaForce delivers 15% year-on-year revenue growth
Full Summary

RLF AgTech Ltd (ASX: RLF), an Australian-based plant nutrition company, has reported a strong performance for the quarter ended 31 December 2025. The company delivered record December quarter cash receipts of $10.4 million, representing an 8% increase on the prior corresponding period. This outcome reflects continued growth across the Group's operating divisions and increasing scale of commercial activity. The company maintained a strong cash balance of $8.3 million at quarter end, up 54% compared to the same period in the prior year. This cash position supported operational execution and seasonal readiness, with inventory on hand of approximately $4.0 million positioned to meet anticipated demand through the peak selling period ahead.The LiquaForce business delivered approximately 15% year-on-year revenue growth for the half year, despite an earlier-than-anticipated conclusion to the application season due to seasonal conditions. The business remained ahead of the prior corresponding period, demonstrating resilience and underlying operational momentum.In China, the company's RLF China business delivered excellent gross profit margins of approximately 53%, supported by disciplined pricing, favourable product mix, and solid seasonal activity ahead of the key January to June selling window. The company also conducted successful field trials and technical validation work to prepare for the upcoming peak selling period.The report also highlighted positive multi-year durian trial results in Vietnam, confirming consistent, repeatable yield and tree health improvements under commercial growing conditions. Additionally, the company's RLF Australia business is positioned to enter its first full selling season, providing a new and meaningful source of growth for the Group in the second half of the financial year.

Guidance

The company did not provide any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Outlook

Looking ahead, the company is focused on execution and turning the work completed across the business into in-season sales outcomes. In China and Asia, the coming six months represent the core selling period for the year, when the majority of annual sales are typically generated. In Australia, the company's RLF Australia business is entering its first full selling season and is expected to make a meaningful contribution to Group performance in the second half.