Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
RLF AgTech Ltd ( (AU:RLF) ) has issued an announcement.
RLF AgTech has used the traditionally quiet March quarter to restructure and streamline its operations, aiming to build a more disciplined and scalable business under new CEO Stuart Upton. The company emphasises long-term resilience, refining sales processes and professionalising marketing while strengthening its domestic and international market presence.
The group reported record consolidated revenue of $18 million for the nine months to 31 March 2026 and year-to-date cash receipts of $18.3 million, despite the seasonal lull. It also achieved a positive EBITDA of $166,000 in March, supported by tighter cost control and operational efficiencies.
RLF raised $4.5 million after quarter end and held $4.1 million in inventory at 31 March, reinforcing its ability to supply partners during global fertiliser shortages and ahead of peak trading. The company ended the quarter with $2.7 million in cash, expecting improved operating cash flows in the June and September quarters.
A major reset of the Australian sales team has created early momentum, with nearly 15% of a validated $3 million domestic pipeline already converted before the season starts. New leadership, including a National Sales Manager and added business development capability, is intended to sharpen commercial execution and support a national rollout.
Operationally, RLF executed a 47% headcount reduction at its LiquaForce business and centralised manufacturing in Ingham to cut fixed costs and remove legacy inefficiencies. These changes aim to make the business leaner and more agile while maintaining reliable supply to large-scale growers.
Recent field trials have showcased the performance of RLF’s products, with wheat trials delivering record 13.5% protein and 8 tonnes per hectare yields and Vietnam trials demonstrating crop protection through extreme 40°C heatwaves. This technical validation underpins the company’s strategy to be a trusted, science-driven partner for farmers and retailers.
More about RLF AgTech Ltd
RLF AgTech Ltd is an Australian-based plant nutrition company listed on the ASX, specialising in science-backed foliar nutrition products for broadacre crops. The company targets large-scale growers and retailers in Australia and international markets, positioning its products as a way to reduce farming risk amid volatile fertiliser and fuel prices.
Average Trading Volume: 1,362,379
Technical Sentiment Signal: Hold
Current Market Cap: A$33.33M
For an in-depth examination of RLF stock, go to TipRanks’ Overview page.

