Preliminary Final Report

Key points

• Loss from ordinary activities after tax increased by 86.7% to $(6,235,094)
• No dividends paid, recommended, or declared during the financial period
• Net tangible assets per ordinary security decreased from 2.16 cents to 0.74 cents
• Audit of financial statements not yet finalized; no audit opinion issued
• Placement completed in June 2026 raised $8.45 million before costs

Full summary

1414 Degrees Ltd reported a substantial loss from ordinary activities after tax of $6,235,094 for the year ended 30 June 2026, a significant increase from the previous year's loss of $3,340,190. The company did not pay, recommend, or declare any dividends during the financial period. Net tangible assets per ordinary security decreased from 2.16 cents to 0.74 cents. The audit of the financial statements has not been finalized, and no audit opinion has been issued. Additionally, the company completed a placement in June 2026, raising $8.45 million before costs, which significantly strengthened its cash position.