Orcoda Narrows Half-Year Loss as Underlying Earnings Improve but No Dividend Declared

Orcoda Limited ( (AU:ODA) ) has provided an announcement.

Orcoda Limited reported a 2% rise in revenue and other income to A$9.7 million for the half-year to 31 December 2025, while its net loss attributable to members narrowed 63% to A$566,000 as underlying EBITDA more than doubled to A$146,000. Net tangible asset backing per share slipped to 2.83 cents from 3.21 cents, no dividends were declared for the period, and auditors BDO Australia issued an unmodified review opinion, indicating stable reporting with modest operational improvement but continued losses and no change in group structure.

The company confirmed it neither gained nor lost control of any entities and has no dividend reinvestment plan or associates and joint ventures. Its results, compiled under Australian Accounting Standards and reviewed without qualification, suggest gradual financial progress but an ongoing focus on strengthening the balance sheet and moving towards sustainable profitability, which may temper near-term returns for shareholders.

The most recent analyst rating on (AU:ODA) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Orcoda Limited stock, see the AU:ODA Stock Forecast page.

More about Orcoda Limited

Orcoda Limited, listed on the ASX under the code ODA, operates in the technology and services sector, providing solutions that are reported under Australian Accounting Standards. The company prepares consolidated financial reports for its controlled entities and engages BDO Australia to review its interim financial statements.

Average Trading Volume: 284,035

Technical Sentiment Signal: Sell

Current Market Cap: A$13.31M

See more data about ODA stock on TipRanks’ Stock Analysis page.