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Accordant Group (AGL) investor relations material
Accordant Group AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Chair welcomed shareholders, confirmed quorum, and outlined the meeting's structure, including online participation and Q&A procedures.
Board members and key executives were introduced, with mention of roles and reelection items.
Financial performance review
Revenue for the year was $165.2 million, down 22% from the prior year.
Net loss after tax was $2.9 million, an improvement from the previous year's $10 million loss, but still resulted in negative operating cash flow.
Operating expenses were reduced by $6 million through property consolidation and resizing support teams.
No dividend was declared for the year ending March 31, 2025, reflecting a prudent approach amid uncertainty.
Banking facilities with ASB were maintained and are being extended beyond April 2026.
Board and executive committee updates
Board members highlighted their sector experience and commitment to navigating challenging market conditions.
Focus areas included cash flow discipline, margin protection, talent management, operational efficiencies, and health and safety.
Board and management emphasized resilience, adaptability, and maintaining strong customer relationships.
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