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CVC posts wider half-year loss as property realisations stall and impairment bites

Story Highlights
  • CVC swung to a deeper half-year loss as income plunged and net tangible assets eased slightly.
  • Lack of property sales and a major impairment hit results, but refinancings bolstered liquidity for future asset divestments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CVC posts wider half-year loss as property realisations stall and impairment bites

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CVC Limited ( (AU:CVC) ) has provided an announcement.

CVC Limited reported a sharp deterioration in performance for the half-year ended 31 December 2025, posting a net loss after tax of $6.7 million versus a $1.6 million loss a year earlier. Income from ordinary activities fell more than 70%, and net tangible assets per share edged down to $1.44 from $1.47, leading the board to withhold an interim dividend to preserve cash for future commitments.

The result was driven by the absence of significant property realisations and a $2.4 million impairment on a Melbourne residential townhouse project, reflecting delays, cost increases, and extended sales programs. Management argues the loss does not reflect underlying portfolio progress, noting major assets have been refinanced, liquidity has strengthened to more than $51 million in cash and equivalents, and they expect value uplift to be recognised only when key development assets are ultimately divested.

The most recent analyst rating on (AU:CVC) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on CVC Limited stock, see the AU:CVC Stock Forecast page.

More about CVC Limited

CVC Limited is an investment company with a portfolio focused on property and non-property investments. Its business model relies heavily on property realisations to generate income that covers interest costs, overheads, and property holding expenses, with a strategy centred on advancing and divesting major assets over time.

Average Trading Volume: 12,043

Technical Sentiment Signal: Buy

Current Market Cap: A$240.3M

For detailed information about CVC stock, go to TipRanks’ Stock Analysis page.

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