Key points
- Revenue increased by 5.8% to $1.59 million
- Loss after tax surged to $8.52 million
- Completed strategic placement raising $5 million
- Advanced RRAM development program
- Acquired neuromorphic processing-in-memory technology
Full summary
Dorsavi Ltd reported its annual results for the year ended 30 June 2026, highlighting a 5.8% increase in revenue to $1.59 million. Despite this growth, the company recorded a substantial loss after tax of $8.52 million, up from $1.52 million in the previous year. The loss includes increased investment in technology and intellectual property, expansion of semiconductor development activities, and amortisation of acquired intangible assets. The company completed a strategic placement raising $5 million, which was directed towards advancing its RRAM, neuromorphic, sensor, and robotics programs. Dorsavi also made significant progress in its RRAM development program, collaborating with Nanyang Technological University and Taiwan's Industrial Technology Research Institute. Additionally, the company acquired an exclusive worldwide licence to a neuromorphic processing-in-memory technology portfolio from Technion Research & Development Foundation and Neurofabrica, complementing its RRAM program.
Outlook
Dorsavi aims to complete the manufacturing and electrical characterisation of the RRAM-CMOS validation chip and optimise the RRAM material stack. The company also plans to progress its neuromorphic intellectual property and commercialise its Sensor V6.5 platform.