
Ariadne Australia forecasts up to $3M profit
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- Ariadne Australia expects FY26 comprehensive income between $3 million and $4 million.
- The company's share price remained unchanged at $0.48 following the market update.
- Strong contributions from key portfolio assets offset valuation declines and foreign exchange losses.
Ariadne Australia (ASX:ARA) expects to deliver up to $3 million in annual profit for FY26.
The projected $0.4 million loss in FY25. Orams Group contributed $7.8 million.
The gains were reduced by $8.1 million in foreign exchange losses.
Following the announcement, the Ariadne Australia share price was unchanged at $0.48.
The investment group holds a diversified portfolio backed by cash reserves of approximately $20.3 million.
Ariadne Australia stated that these preliminary financial results remain subject to routine year-end accounting and audit review.