Key points
- Revenue down 58% to $551,558 due to operational model changes
- Loss from ordinary activities reduced by 91% to $7,723,393
- No dividends declared due to no profit made
- Focus on commercialising robotic automation technologies
- Advanced contract R&D projects with international partners
Full summary
FBR Ltd has released its unaudited preliminary financial report for the year ended 30 June 2026. The company reported a 58% decrease in revenue to $551,558, down from $1,310,196 in the previous corresponding period. The loss from ordinary activities after tax attributable to members decreased by 91% to $7,723,393. The company did not declare any dividends as no profit was made during the year. FBR Ltd focused on the commercialisation of its proprietary robotic automation technologies, executing a cost rationalisation program to reduce ongoing funding requirements. The company also advanced contract R&D projects with international industrial partners.
Outlook
FBR Ltd is positioned to advance several near-term operational and commercial milestones, including the delivery of the first commercial Mantis unit and the execution of commercial Wall as a Service in Western Australia and Victoria.