Swoop Holdings Ltd FY2026 Preliminary Financial Report
Key points
- Revenue from continuing operations increased by 21.8% to $115.9 million
- Loss after income tax from continuing operations increased by 134.0% to $(30.1 million)
- Profit after tax from discontinued operations decreased by 97.4% to $152,688
- Total Group Loss after income tax increased by 330.7% to $(29.9 million)
- Net tangible assets per ordinary security decreased to $1.51
Full summary
Swoop Holdings Ltd has released its preliminary final report for the year ended 30 June 2026. The company reported a 21.8% increase in revenue from continuing operations to $115.9 million. However, this was accompanied by a significant increase in losses after income tax from continuing operations, which rose by 134.0% to $(30.1 million). The profit after tax from discontinued operations decreased by 97.4% to $152,688. The total Group Loss after income tax increased by 330.7% to $(29.9 million). The company also reported a decrease in net tangible assets per ordinary security to $1.51.
Guidance
Swoop Holdings Ltd expects sufficient funds for obligations for at least twelve months.
Outlook
Swoop Holdings Ltd anticipates continued investment in network and operational platforms for growth.
Summary generated by a large language model. Please interpret with care.