Half Yearly Report and Accounts

Investors, our half-year report for the period ending 31 December 2025 shows a 15.7% increase in revenues from ordinary activities totaling $8,503,509. Underlying Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) grew by 115.9% to $110,586. The loss for the half-year decreased by 5.7% to $3,971,198. No dividends were paid. The directors emphasized that EBITDA and EBIT reflect the core earnings of the Group. The Group's net tangible assets decreased from 1.60 cents to 0.39 cents per ordinary security due to a decrease in lease liabilities.

Despite the loss and liquidity concerns noted in the report, we believe the Group will continue as a going concern. Several capital raising initiatives were successfully completed post-reporting period, including a share placement and issuance of convertible notes. Additionally, the Group received waivers on loan covenants and invested further in NewCarbon to increase ownership to 47.4%.

We invite you to review the full report for more details and welcome any questions you may have regarding our financial performance and strategic initiatives. Our management is dedicated to addressing the challenges and opportunities identified in the report to drive sustainable growth and enhance shareholder value.

Warren Murphy

Managing Director

Carbonxt Group Limited