Key points
- Revenue remained stable at $23.4 million, with a significant loss of $6.5 million
- Gross margin decreased from 34% to 30% due to rising global fertiliser costs
- The company focused on building relationships and differentiating its offerings
- Net assets increased to $8.2 million, with $6.6 million in cash
- FY27 will focus on revenue, profitability, and customer commitments in China
Full summary
RLF Agtech Ltd's financial year ended 30 June 2026 saw stable revenue of $23.4 million, but a significant loss of $6.5 million due to a drop in gross margin from 34% to 30%, primarily driven by rising global fertiliser costs. The company absorbed most of these increases to maintain relationships and differentiate its offerings. Net assets increased to $8.2 million, with $6.6 million in cash. The CEO, Stuart Upton, highlighted that FY27 will focus on revenue, profitability, and customer commitments in China, where pre-season orders have been placed and paid for.
Guidance
FY27 will focus on revenue, profitability, and customer commitments in China
Outlook
The company is focused on improving margins, maintaining relationships, and differentiating its offerings in FY27.