
Financial Performance - The company reported a net loss attributable to common shareholders of $0.1 million for Q3 FY2025, a significant improvement from a net loss of $11.7 million in Q3 FY2024, resulting in a basic and diluted net loss per share of $0.04 compared to $1.60 in the prior year [2][4]. - For the nine months ended December 31, 2024, the company reported a net loss of $4.1 million, compared to a net loss of $20.6 million for the same period in 2023, with a basic and diluted net loss per share of $0.64 versus $2.83 [4][5]. - Amplex generated $3 million in revenue and $261,000 in net income during Q3 FY2025, contributing to the overall financial performance of the company [7]. Operating Expenses - Total operating expenses from continuing operations increased by 106% to $3.7 million for Q3 FY2025, up from $1.8 million in Q3 FY2024, primarily due to ongoing costs associated with Amplex and restructuring activities [3]. - Total operating expenses for the nine months ended December 31, 2024, rose by 145% to $12 million, compared to $4.9 million in the same period of 2023, driven by depreciation, general administrative expenses, and professional fees related to the acquisition of Amplex [5]. Balance Sheet - The company’s book value per share increased to $8.11 as of December 31, 2024, compared to $8.07 at March 31, 2024 [7]. - Total assets increased to $79.5 million as of December 31, 2024, compared to $59.8 million at March 31, 2024, reflecting growth in cash and cash equivalents and intangible assets [14]. - Shareholders' equity decreased to $53.9 million as of December 31, 2024, down from $58.8 million at March 31, 2024, indicating a shift in the company's financial position [14]. Strategic Initiatives - The company entered into a $21.3 million Reconnect Program Loan with the Federal government, with $0.6 million drawn down for the three months ending December 31, 2024, at an interest rate of 2% per annum [6]. - The company is pursuing additional controlling interests in other companies and sectors following its restructuring in 2024, transitioning from a specialized consumer finance company to a holding company [8].