Fatfish Group Ltd Half-Yearly Report 1H FY 2025
Key points
- Revenue from ordinary activities increased by 277% to $1,556,061
- Profit from ordinary activities after tax increased by 102% to $44,768
- Net tangible assets per security decreased from 0.0003 to 0.0002
- The company is investigating potential improper conduct by a former financial consultant
- The company has divested its operating subsidiary Fatberry (Thailand) Limited
Full summary
Fatfish Group Ltd reported its half-yearly financial results for the period ended 30 June 2025. The company experienced a substantial increase in revenue from ordinary activities by 277% to $1,556,061, and profit from ordinary activities after tax rose by 102% to $44,768. Total comprehensive income for the period attributable to members of the parent also increased by 106% to $187,394. However, net tangible assets per security decreased slightly from 0.0003 to 0.0002. The company is currently investigating potential improper conduct by a former external Australian financial consultant, which may have involved fraudulent Goods and Services Taxation refunds. Additionally, Fatfish Group Ltd has divested its operating subsidiary Fatberry (Thailand) Limited.
Guidance
Revenue increased by 277% to $1,556,061 for the first half of FY 2025
Outlook
The company is investigating potential improper conduct by a former financial consultant, and no further outlook is provided.
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