GRP (BLU) AGM 2025 presentation summary

FY2025 performance

• Revenue $7.76M, down 56.8% YoY from $17.97M; loss before tax $8.59M vs. $0.06M in FY2024, and loss after tax $8.79M vs. $0.36M.

• Measuring instruments revenue $13.755M, up 12.6% YoY; property revenue was -$5.994M, more than 100% lower than FY2024.

Financial position

• Cash and cash equivalents were $19.517M, including $2.011M of restricted bank balance; cash equaled 80.14% of NAV of $24.354M.

• Debt was $194K and debt-to-equity was 0.008; current ratio was 2.21.

Shareholder returns

• TSR was -42.82% for 2015–2025 and -20.25% for 2020–2025, including dividends and distributed-in-specie shares.