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AFT Pharmaceuticals Limited (AFT) investor relations material
AFT Pharmaceuticals Limited AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Opening remarks and agenda
Chair welcomed attendees, introduced directors, senior management, auditors, and outlined the meeting agenda, including business items and resolutions.
Meeting quorum confirmed; formal business and resolutions to be addressed after presentations.
Financial performance review
FY25 revenues reached a record $208.0 million, up 6% over FY24, with a 5-year CAGR of 14%.
Net debt declined to €14.5 million in FY25 from €16.2 million in FY24, maintaining a strong financial position.
Operating profit was $17.6 million, down from $24.2 million, impacted by lower license income and disruptions in 1H25.
Strong Australian sales growth of 17% offset disruptions in Korea; international revenue from product sales and royalties was $15.4 million, down from $19.3 million due to destocking.
Continued investment in growth projects and R&D, balancing profitability with long-term value creation.
Board and executive committee updates
Welcomed Allison Yorston as new independent director, bringing over 20 years of marketing and strategy experience.
Paid tribute to former director Doug Wilson for his significant contributions.
Board strategy day highlighted excitement about the R&D pipeline and future growth.
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