Latest 20-F annual reports

Pop Culture Group Co., Ltd. reported a significant revenue surge and reduced net losses for fiscal year 2025, driven by robust digital entertainment growth and strategic capital raises.

Acco Group Holdings Limited reported an 11.9% revenue increase to $4.9 million and a 1.1% rise in gross profit for fiscal year 2025, driven by corporate secretarial and IP registration services.

Gelteq Limited's 2025 annual report highlights significant product development and strategic partnerships amidst recurring operating losses and going concern doubts.

Ultratrex Inc. filed its annual report for the fiscal year ended June 30, 2025, revealing a decline in revenue and profit compared to the previous year, while progressing towards an intended IPO.

Fitell Corporation reported a significant reduction in net loss for FY2025, driven by increased merchandise revenue and lower one-off operating expenses, while actively pursuing a new cryptocurrency treasury strategy.

3E Network Technology Group Limited announced a significant revenue increase of 462.66% for the fiscal year ended June 30, 2025, driven by new customer acquisition and a strategic pivot to overseas software development, despite a net income decline due to discontinued operations and identified internal control weaknesses.

Locafy Limited reported a significant increase in net loss for fiscal year 2025, alongside a restatement of prior financial statements and ongoing efforts to streamline operations and raise capital.

Scage Future reports significant revenue growth in 2025 driven by NEV sales and components, but faces substantial doubt about its ability to continue as a going concern due to persistent net losses and negative operating cash flows.

Zeta Network Group reported a significantly increased net loss for fiscal year 2025, driven by substantial impairment charges and higher operating expenses, despite a surge in revenue from its new cryptocurrency mining operations.

Star Fashion Culture Holdings Limited reported an 11% revenue increase for FY2025 but a substantial net loss of RMB130.8 million, triggering auditor concerns about its ability to continue as a going concern.

Idea Tech Holding Limited's latest annual report reveals a significant 30% decline in net income for fiscal year 2025, despite an increase in gross profit and a strengthened balance sheet as it prepares for an initial public offering.

Semilux International Ltd. reported a significant increase in net operating loss for 2024, alongside a strategic pivot from automotive LiDAR to AI-based UAV systems.

Snow Lake Resources Ltd. reports significant net losses for fiscal year 2025, pivots from lithium to uranium projects, and secures substantial financing through equity offerings to fund exploration and strategic investments.

Bioceres Crop Solutions Corp. reported a significant net loss and revenue decline for fiscal year 2025, triggering a 'going concern' warning and reclassifying substantial debt as current due to covenant breaches.

Kazia Therapeutics reported continued net losses and an impairment of its EVT801 asset, while securing new funding and a collaboration for a PD-L1 degrader program.

Li Bang International Corporation Inc. reported a reduced net loss for fiscal year 2025, alongside the adoption of a dual-class share structure concentrating voting power with its founders.

VivoPower International PLC reported a significant reduction in net loss for fiscal year 2025, bolstered by substantial capital raises and strategic shifts, despite ongoing operational challenges.

STAK INC. reported a net loss of $5.7 million for fiscal year 2025 despite a 31.69% revenue increase, driven by higher operating expenses and one-time losses.

Westpac reports a slight dip in net profit despite strong balance sheet growth and significant progress in strategic transformation and risk management, including the removal of APRA's operational risk capital overlay.

Energys Group Limited reported increased net losses and a working capital deficit for fiscal year 2025, prompting auditors to raise substantial doubt about its ability to continue as a going concern.

Snow Lake Resources shifts focus from lithium to uranium projects, raising significant capital while reporting a C$16 million net loss for fiscal year 2025.

Bit Origin Ltd has shifted its core strategy to a Dogecoin treasury program, acquiring over 70 million DOGE, while navigating ongoing Nasdaq listing compliance challenges and reporting a reduced net loss for fiscal year 2025.

Mixed Martial Arts Group Limited reported a significant increase in its net loss for fiscal year 2025, driven by higher operating expenses and non-cash charges, despite revenue growth and strategic acquisitions, leading auditors to raise substantial doubt about its ability to continue as a going concern.

BUUU Group Limited reports an 8.9% revenue increase to $6.3 million for fiscal year 2025, driven by event management, but net income declined 9.2% due to significantly higher administrative and IPO-related expenses.

ARB IOT Group Limited announced a 239% revenue increase to $46.8 million for fiscal year 2025, driven by strong IoT Smart Building and Agriculture sales, despite a net loss of $16.9 million and significant impairment charges.

The RoyaLand Company Ltd. reports substantial doubt about its ability to continue as a going concern, with zero revenue and significant accumulated deficits, despite progress in game development.

Elevra Lithium Limited reports a significant loss after income tax of AU$381.7 million for fiscal year 2025, driven by asset impairment, despite increased revenue and strategic merger with Piedmont Lithium.

SuperX AI Technology Limited reported a significant net loss of $21.2 million for fiscal year 2025, driven by substantial investments and operational costs in its new AI infrastructure solutions business, despite successful capital raises.

Regencell Bioscience Holdings Limited filed its annual report for fiscal year 2025, revealing continued net losses, negative operating cash flows, and substantial doubt about its ability to continue as a going concern, despite ongoing TCM efficacy trials.

TryHard Holdings Limited reported a sharp 89% decline in net income for fiscal year 2025 to JPY15.1 million, despite a 2.2% increase in total revenue, signaling significant profitability challenges.