Half Year Report and Accounts

Key points

• Profit after tax surged 179.3% to US$1,442,226
• Completed capital return of 35 cents per share to shareholders
• No dividends declared during the period
• Net assets reduced due to capital return
• Successfully operated without employees

Full summary

FAR Ltd has released its half-year report for the period ended 30 June 2026, showing a substantial increase in profit after tax, up by 179.3% to US$1,442,226. The company also completed a capital return of 35 cents per share, returning approximately A$32.3 million to shareholders. There were no dividends declared during the period. The company operated without employees, leading to lower operating costs. However, the net assets decreased due to the capital return, from US$41,067,044 at the end of the previous financial year to US$19,676,287 at the end of the reporting period. The company continues to focus on its strategy to minimize operating costs while maximizing returns from its contingent payment receivable.