Key points
- Loss of $63,137 for the year ended 30 June 2026
- Interest income of $21,163 against operating expenses of $84,300
- No dividends declared for the financial year
- Company securities suspended from quotation on 16 March 2026
- Recapitalization plans underway for potential reinstatement to quotation
Full summary
H&G High Conviction Ltd (ASX: HCF) reported its financial results for the year ended 30 June 2026. The company recorded a net loss after tax of $63,137, down from a loss of $2,885,361 in the previous year. Income from ordinary activities totalled $21,163, comprising interest earned on cash holdings and interest received from the ATO. Operating expenses totalled $84,300, reflecting ongoing listing, compliance, and administrative costs. The reduction in expenses was due to the absence of investment management and performance fees following the divestment of the investment portfolio in April 2025. The company held cash of approximately $215,000 and net assets of approximately $177,000 at 30 June 2026. No dividends were declared or paid during the year. The company's securities were suspended from quotation on 16 March 2026. The board is progressing a recapitalization pathway intended to rebuild the company's investment portfolio and support a future application for reinstatement to quotation.