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Keybridge Capital swings to loss as revenue collapses and new board steps in

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Keybridge Capital swings to loss as revenue collapses and new board steps in

Meet Samuel – Your Personal Investing Prophet

Keybridge Capital Limited ( (AU:KBC) ) has provided an update.

Keybridge Capital reported a sharp deterioration in performance for the half-year ended 31 December 2024, with revenue from ordinary activities dropping 99.5% to $73,558 and a swing from a prior-period profit to a loss after tax of $6.14 million. Net tangible assets per share more than halved to 2.55 cents from 5.51 cents, no dividends were paid or declared, and a new board—appointed by order of the Supreme Court of NSW and in place only after the reporting period—has had to rely on existing records and external advisers to review and authorise the accounts, highlighting governance and oversight challenges for investors.

The most recent analyst rating on (AU:KBC) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Keybridge Capital Limited stock, see the AU:KBC Stock Forecast page.

More about Keybridge Capital Limited

Keybridge Capital Limited is an Australian-listed public company limited by shares, operating as an investment and capital management group. The consolidated entity prepares its financial statements in Australian dollars and is now based at Wilson Asset Management’s Sydney offices, following a change in its registered office and principal place of business effective 8 May 2025.

Technical Sentiment Signal: Sell

Current Market Cap: A$9.72M

See more insights into KBC stock on TipRanks’ Stock Analysis page.

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