Half Yearly Report and Accounts
| Stock | Control Bionics Ltd (CBL.ASX) |
|---|---|
| Release Time | 26 Feb 2026, 8:23 a.m. |
| Price Sensitive | Yes |
Control Bionics Reports Half-Yearly Results
- Revenues down 26% to $2.82 million
- Loss up 1201% to $3.61 million
- Obtained 100% control of Neuro Elite Athletics
Control Bionics Limited has reported its financial results for the half-year ended 31 December 2025. Revenues from ordinary activities declined by 26% to $2,820,044, while the loss from ordinary activities after tax attributable to the owners of the company increased by 1201% to $3,609,172. The company noted that there were no dividends paid, recommended or declared during the half-year period. The net tangible assets per ordinary security increased from 0.49 cents to 0.73 cents. During the period, the company obtained 100% control of Neuro Elite Athletics, LLC, increasing its interest from 20.71% to 100%. However, as control was obtained on 31 December 2025, there was no material contribution to the Group's loss for the period. The financial statements were subject to a review by the auditors, who noted a material uncertainty relating to the Group's ability to continue as a going concern.