Asia
Ariadne Australia Expects to Swing to Attributable Income in Fiscal 2026
Ariadne Australia (ASX:ARA) expects fiscal 2026 comprehensive income attributable to members of AU$2 million to AU$3 million, compared with a loss of about AU$400,000 in fiscal 2025, according to a Monday filing with the Australian bourse.The company holds an investment in Orams Group, which delivered a strong operating performance for the year to contribute AU$4.4 million to Ariadne's result, per the filing.During fiscal 2026, Ariadne also recorded gains of AU$4.3 million via its investment in Cover Genius and AU$3.5 million through its holdings in Hillgrove Resources (ASX:HGO), but these gains were more than offset by a AU$9.7 million decline in market value of its investment in Webjet Group (ASX:WJL), the company said.
ASX:ARA
