Frontier Digital Ventures (FDV) H2 2025 earnings summary

Executive summary

• Statutory revenue from continuing operations fell 18% to $54.8m in 2025, while EBITDA rose 205% to $5.5m, reflecting a strategic shift to core classifieds and cost rationalization.

• Net loss after tax widened to $18.1m from $11.1m, impacted by a $13.2m goodwill impairment and a $0.8m fraud loss in Colombia.

• No dividends were declared or paid for the year.

Financial highlights

• Revenue: $54.8m (2024: $67.0m), down 18% year-over-year.

• EBITDA: $5.5m (2024: $1.8m), up 205% year-over-year.

• Net loss after tax: $18.1m (2024: $11.1m), a 62% increase in losses.

• Basic and diluted loss per share: (4.14) cents (2024: (2.37) cents).

• Cash and cash equivalents: $9.2m at year-end.

Outlook and guidance

• Focus remains on high-margin classifieds and operational efficiency.

• Management expects continued growth in core markets, with ongoing cost discipline.