Carbon Revolution (CRBN) 6-K Summary (Oct 2025)
Furnishing unaudited results for the six months ended December 31, 2024.
Financial Update: Comparative figures for Dec 31, 2023, were restated following an adjustment increasing depreciation by $1.15 million USD, impacting Cost of Goods Sold.
Business Challenges: Declining customer orders, especially tied to the EV sector, resulted in revised revenue forecasts.
Two programs expected to provide substantial volume were early cancelled by a customer; the Company is pursuing related claims.
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