Announcement • Apr 17
Eden Innovations Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.05 million. Eden Innovations Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.05 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,500,000
Price\Range: AUD 0.18
Discount Per Security: AUD 0.0108
Transaction Features: Subsequent Direct Listing Announcement • Dec 19
Eden Innovations Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.348 million. Eden Innovations Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.348 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 117,085,716
Price\Range: AUD 0.035
Discount Per Security: AUD 0.0021
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,142,857
Price\Range: AUD 0.035
Discount Per Security: AUD 0.0021
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Nov 10
Eden Innovations Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.348414 million. Eden Innovations Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.348414 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 117,097,538
Price\Range: AUD 0.035
Discount Per Security: AUD 0.0021
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,142,857
Price\Range: AUD 0.035
Discount Per Security: AUD 0.0021
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Oct 28
Eden Innovations Ltd, Annual General Meeting, Nov 28, 2025 Eden Innovations Ltd, Annual General Meeting, Nov 28, 2025. Location: level 15, 197 st georges terrace, western australia, perth Australia Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.002 loss per share (vs AU$0.043 loss in FY 2024) Full year 2025 results: AU$0.002 loss per share (improved from AU$0.043 loss in FY 2024). Revenue: AU$2.47m (up 22% from FY 2024). Net loss: AU$6.93m (loss narrowed 8.2% from FY 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Announcement • Jun 21
Eden Innovations Ltd has filed a Follow-on Equity Offering in the amount of AUD 6.579881 million. Eden Innovations Ltd has filed a Follow-on Equity Offering in the amount of AUD 6.579881 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 99,497,025
Price\Range: AUD 0.04
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 65,000,000
Price\Range: AUD 0.04
Transaction Features: Rights Offering New Risk • Mar 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$4.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.5m free cash flow). Share price has been highly volatile over the past 3 months (73% average weekly change). Earnings have declined by 5.5% per year over the past 5 years. Market cap is less than US$10m (AU$4.11m market cap, or US$2.55m). Minor Risk Revenue is less than US$5m (AU$2.5m revenue, or US$1.5m). Announcement • Feb 28
Eden Innovations Ltd to Report Q2, 2025 Results on Feb 28, 2025 Eden Innovations Ltd announced that they will report Q2, 2025 results on Feb 28, 2025 Announcement • Oct 31
Eden Innovations Ltd, Annual General Meeting, Nov 29, 2024 Eden Innovations Ltd, Annual General Meeting, Nov 29, 2024. Location: at level 15, 197 st georges terrace, perth Australia Board Change • Oct 31
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Executive Director Allan Larsen was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.002 loss per share (vs AU$0.006 loss in FY 2023) Full year 2024 results: AU$0.002 loss per share (improved from AU$0.006 loss in FY 2023). Revenue: AU$2.19m (down 54% from FY 2023). Net loss: AU$7.37m (loss narrowed 59% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. New Risk • Mar 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$5.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.4m free cash flow). Share price has been highly volatile over the past 3 months (39% average weekly change). Earnings have declined by 10% per year over the past 5 years. Market cap is less than US$10m (AU$9.20m market cap, or US$6.00m). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Revenue is less than US$5m (AU$2.5m revenue, or US$1.7m). Announcement • Dec 01
Eden Innovations Ltd announced a financing transaction Eden Innovations Ltd announced a private placement that it will issue 10,043,268 common shares on November 30, 2023. The transaction has been approved by the board of the directors of the company. Announcement • Oct 27
Eden Innovations Ltd, Annual General Meeting, Nov 30, 2023 Eden Innovations Ltd, Annual General Meeting, Nov 30, 2023, at 11:00 W. Australia Standard Time. Location: Level 15, 197 St Georges Terrace, Perth Australia Agenda: To consider and approve the Annual Financial Report for the financial year ended 30 June 2023 and the Director's Report and Auditor's Report for that financial year; to consider adoption of remuneration report; to consider election of director; to consider Ratification and Approval of Issue of Shares and Options; to consider Ratification and Approval of Issue of Broker Options; to consider Ratification of Agreement to Issue Shares to the Company's CFO and Company Secretary; to consider Approval of Issue of Shares and Options to Noble in partial satisfaction of debt; and to consider other business matter. Announcement • Sep 02
Eden Innovations Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.1 million. Eden Innovations Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 366,666,665
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.006 loss per share (vs AU$0.003 loss in FY 2022) Full year 2023 results: AU$0.006 loss per share (further deteriorated from AU$0.003 loss in FY 2022). Revenue: AU$4.75m (up 14% from FY 2022). Net loss: AU$17.9m (loss widened 169% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.7m free cash flow). Share price has been highly volatile over the past 3 months (35% average weekly change). Market cap is less than US$10m (AU$12.0m market cap, or US$7.77m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (AU$5.2m revenue, or US$3.4m). Reported Earnings • Mar 03
First half 2023 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2022) First half 2023 results: EPS: AU$0. Revenue: AU$3.09m (up 53% from 1H 2022). Net loss: AU$13.0m (loss widened 407% from 1H 2022). Announcement • Feb 07
Eden Innovations Ltd Announces Board Changes Eden Innovations Ltd. announced that Dr. Stephen Dunmead who has been a non-executive director of Eden for almost five years has resigned and Dr. Allan Godsk Larsen, who has been with Eden since 2016, has been appointed as an executive director to replace Dr. Dunmead on the Board. Dr. Larsen is highly qualified with a Ph.D. in electro-chemistry from Aarhus in Denmark in 2008. After completing his doctorate and a year consulting to the Danish Technological Institute, he undertook a three-year Postdoctoral Fellowship at Sydney University. Since then Allan has held the following positions: Two and a half years as Senior Scientist R&D at Cap-XX Ltd. in Sydney, developing super capacitors including working with carbon nanotubes; Almost five and a half years as Catalyst Specialist and Sales Manager at Haldor Topsøe, after which: Allan joined Eden in November 2016 where he has held the following positions: November 2016 to April 2018- Product Development Manager (including having designed and developed the EdenCrete® Pz range of products); and April 2018 to present- Chief Scientist and Manager of International Business. Announcement • Feb 02
Eden Innovations Ltd Announces Resignation of Lazaros Nikeas as Non-Executive Director Eden Innovations Ltd. advises that Mr. Lazaros ("Laz") Nikeas, who is based in the USA, has resigned as Non-Executive Director of the Company. Laz has been a valued member of the Board since his appointment in May 2018. The Board and Company thank Laz for his contribution over the past 4.5 years and extend their best wishes to Laz for the future. Announcement • Jan 14
Eden Innovations Ltd Receives the Results from the Two and Half Year-Long Field Trial on the Little River Bridge in Georgia Eden Innovations Ltd. report that it has received the results from the two and a half year-long field trial on the Little River Bridge in Georgia that was undertaken with Georgia Department of Transportation (GDOT) in November 2019 to assess the performance benefits delivered by EdenCrete® to the concrete used in the new bridge decking. After two and a half years of service, cores from the EdenCrete® and the reference concrete were taken from the decking, pulverised and the depth of chloride penetration in each was then measured. Compared to the reference, the EdenCrete® delivered: 37.5% reduction in chloride concentration at 14.5 mm depth; 50% reduction in chloride concentration at 18 mm depth. Relevantly, a meeting with GDOT is presently being arranged to review these results, and Eden is optimistic that this may lead to GDOT deciding to use EdenCrete® inappropriate bridge projects. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Director Lazaros Nikeas was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Oct 21
Eden Innovations Ltd, Annual General Meeting, Nov 22, 2022 Eden Innovations Ltd, Annual General Meeting, Nov 22, 2022, at 09:30 W. Australia Standard Time. Location: LEVEL 15, 197 ST GEORGES TERRACE Perth Western Australia Australia Agenda: To consider adoption of Remuneration Report; to consider election of Director; to consider ratification and Approval of Issue of Shares and Options August 2022 Placement; to consider ratification and Approval of Issue of Broker Options August 2022 Placement; to consider ratification and Approval of Issue of Shares and Options September 2022 Placement; to consider approval of Issue of Options September 2022 Placement; to consider ratification and Approval of Issue of Broker Options September 2022 Placement; to consider approval of Issue of Brokers Options September 2022 Placement Fees; and to consider approval of additional placement capacity. Announcement • Oct 01
Eden Innovations Ltd has completed a Follow-on Equity Offering in the amount of AUD 1 million. Eden Innovations Ltd has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,000,000
Price\Range: AUD 0.008
Discount Per Security: AUD 0.00048
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 01
Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.003 loss in FY 2021) Full year 2022 results: AU$0.003 loss per share (vs AU$0.003 loss in FY 2021). Revenue: AU$5.00m (up 52% from FY 2021). Net loss: AU$6.65m (loss widened 15% from FY 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Announcement • Jun 10
Eden Innovations Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.009042 million. Eden Innovations Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.009042 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 154,541,684
Price\Range: AUD 0.013
Transaction Features: Rights Offering Announcement • May 10
Eden Innovations Ltd, Annual General Meeting, May 27, 2022 Eden Innovations Ltd, Annual General Meeting, May 27, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Director Lazaros Nikeas was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Feb 28
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.001 loss per share (up from AU$0.002 loss in 1H 2021). Revenue: AU$2.02m (up 28% from 1H 2021). Net loss: AU$2.56m (loss narrowed 9.8% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Announcement • Feb 26
Eden Innovations Ltd to Report First Half, 2021 Results on Feb 25, 2022 Eden Innovations Ltd announced that they will report first half, 2021 results on Feb 25, 2022 Announcement • Feb 19
Eden Innovations Ltd Reports EdenCrete® is Being Used in its First Large Scale SCIP Construction Project Eden Innovations Ltd. ("Eden") reported that EdenCrete® is being used in its first large scale SCIP construction project. Previously, EdenCrete® has been use in SCIP construction projects on a trial basis, a small home in Utah, and an outdoor park in Texas over the past 3 months. SCIP construction, that has been used in USA for 40 years, is experiencing considerable US market growth resulting from the range of benefits it offers. The SCIP panels can be used as walls, ceilings, roofs, and as filler panels for larger metal structures. Each panel is joined by welding trusses together. Once completed, this creates a monolithic structure that distributes the loads in three dimensions, resulting in very high strength. In addition, SCIP creates a thermal barrier that keep occupants cooler in the summer and warmer in the winter. The combination of the 5-inch insulated core along with a shotcrete exterior and interior shell provides a higher R-value than typical wood-frame or metal stud structures. The R-value is a measure of the insulation material's resistance to heat flow, also known as thermal resistance. The greater the R-value, the greater the resistance to heat transfer, and the greater the insulating effect and subsequent energy savings. A Zero Energy Ready Home is a home that meets all of the criteria found in the Department of Energy ("DOE") Zero Energy Ready Home National Program Requirements set up in 2017. Zero Energy Ready Homes are verified by a qualified third-party and are at least 40% -50% more energy efficient than a typical new home. All DOE Zero Energy Ready Homes are so efficient a renewable energy system can offset most or all annual energy consumption. Everlasting Home Builders Group, LLC (EHBG) is a qualified partner under this programme. The first and largest SCIP construction project built by EHBG utilizing RGS-3D panels in Houston, Texas, started in 2021. The 4-storey single-family residential building's panels have been erected and joined by EHBG to create interior and exterior walls, ceilings, and floors. Acting as the General Contractor, EHBG batches and shoots the exterior and interior shotcrete shell to an approximate thickness of 1.5 inches (3.8cm) on each side. This project has required a total of 350 cubic yards (268 cubic metres) of shotcrete, using only USD 3,062 (approx. AUD 4,264) worth of EdenCrete®, delivering a very cost effective outcome for EHBG. EHBG specified the use of EdenCrete® at 1/4 gallon/cubic yard (approx. 1.2 litres/cubic metre) of concrete for this ongoing project. EHBG uses EdenCrete® to take advantage of the improved rheology of the shotcrete mix, allowing the mix, which pumps and finishes exceptionally well, to be easily placed, filling and fully encapsulating the 2-inch wire mesh opening. This SCIP structure delivered a non-combustible building that does not require a fire sprinkler system. Reported Earnings • Oct 04
Full year 2021 earnings released: AU$0.003 loss per share (vs AU$0.005 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$3.29m (up 35% from FY 2020). Net loss: AU$5.76m (loss narrowed 37% from FY 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Announcement • Sep 21
Eden Innovations Ltd Announces Edencrete - Gdot I-675 Project Update The Georgia Department of Transportation (GDOT) I-675 concrete highway repair project, requiring USD 535,000 (AUD 735,000) worth of EdenCrete®, is scheduled to commence on 23 September 2021. This major repair project, which is jointly funded by the US Federal Highway Administration (FHWA) and GDOT, is initially estimated to require approximately 21,400 gallons (approx. 80,950 litres) of EdenCrete®. It will be incorporated into 10,700 cubic yards (8,181 m3) of concrete to be produced on site, and used to repair damaged concrete sections along many miles of the I-675 highway in Georgia. The project is likely to take 12 months to complete and if it follows the two earlier large FHWA/GDOT funded projects, the size of this project could well be increased. This past week, Eden installed a 6,100-gallon (23,091 litres) EdenCrete® storage tank (the largest supplied so far) in Georgia and delivered the first 5,000 gallons of EdenCrete®. Over the past 4 years GDOT has become a major user of EdenCrete® in its highway full depth concrete slab replacement projects, with EdenCrete®, since January 2017, having been specified
by name in GDOT's regulations, to be used in all these projects that are funded solely by GDOT. The first major FHWA/GDOT jointly funded repair project that used EdenCrete®, was awarded in September 2018. The forthcoming I-675 project is the third such major FHWA/GDOT funded project. In the FHWA/GDOT projects, EdenCrete® is not specified by name. EdenCrete® has been selected on each occasion based upon its ability to meet the stricter performance standards that they are now requiring. The scope of each earlier FHWA/GDOT projects was extended during the construction phase by approximately 30-40%, and it is anticipated that this may well also occur with the I-675 project, which could considerably increase sales revenue. Reported Earnings • Sep 01
Full year 2021 earnings released: AU$0.003 loss per share (vs AU$0.005 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$3.29m (up 35% from FY 2020). Net loss: AU$5.76m (loss narrowed 37% from FY 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • May 28
Eden Innovations Ltd. Announces CDOT Central 70 Shotcrete Project Update Eden Innovations Ltd. provided the following details on the use of EdenCrete® in the shotcrete concrete mix on the Colorado Department of Transportation ("CDOT") Central 70 project. This project involves the reconstruction of 10 miles of the I-70 Interstate Highway through central Denver, including sinking it in part, and establishing of a park above it. Construction commenced in mid-2018 and is anticipated to run into the end of the first quarter of 2022. The Central 70 Project was estimated, at commencement, to require in total somewhere between 6,000 -10,000 cubic yards of the new shotcrete mix used, which would result in: a reduction in the total amount of cement required for the shotcrete of between 912,000 lbs (413 metric tonnes) and 1,520,000lbs (689 tonnes); The estimated aggregate additional fly ash required will be between 204,000lbs (93 tonnes) and 340,000lbs (154 tonnes). An additional small increase of 2% in the mass of aggregate is also added into the new mix. Eden has not been informed what is the total quantity of shotcrete that has been applied to date on this project, but from the amount of work done, it is anticipated it may well require more than the 6,000 cubic yards originally estimated as the lower level. Central 70 is the first major CDOT infrastructure project involving EdenCrete®. The shotcrete is being supplied by a Denver based ready-mix and shotcrete concrete supplier that has been using EdenCrete® products since 2015, using a shotcrete concrete mix developed jointly with Eden. The dosage of EdenCrete® used in this project is 0.25 US gallons /cubic yard of concrete to produce sufficient compressive strength (6390psi at 28 days) to exceed CDOT's project performance requirement of 5,000psi. Fly ash, a waste product from coal fired power stations, has a zero Greenhouse Gas Footprint, and currently sells in the Colorado for approximately 50% of the cost of cement. Importantly, producing one tonne of cement generates approximately 0.927 tonnes of CO. In this major CDOT project that is still ongoing, EdenCrete® is delivering the following: Less Cement Required- The addition of EdenCrete® facilitated the replacement of 152 lbs (69 kgs) of cement with 34 lbs (15 kg) of additional fly ash in each cubic yard of the concrete, compared with supplier's previous standard shotcrete mix. The result was a lower percentage of cement and a higher percentage of cheaper fly ash was required. Lower Greenhouse Gas Footprint- An estimated reduction of between approximately 382 tonnes and 630 tonnes in the total CO2 footprint directly due to the reduction of cement in the estimated 6,000 -10,000 cubic yards of shotcrete mix for the project; Cheaper Shotcrete - the net cost saving of more than $3 /cubic yard of concrete (after including the costs of the EdenCrete® and additional fly ash and aggregate) is achieved with the reduced cost of replacing cement with fly ash; and Strong shotcrete - the EdenCrete® mix achieved a compressive strength of 6,390psi at 28 days, or 27% more the minimum strength required by CDOT of 5,000psi. Announcement • Feb 13
Eden Innovations Ltd Builds Edencrete - First Waste Transfer Station Project in Savannah, Georgia for Atlantic Waste Services Eden Innovations Ltd. (Eden) advised that the first ever waste transfer station project using EdenCrete® in the concrete tipping slab that is to be exposed to extreme wear, is being built in Savannah, Georgia for Atlantic Waste Services. USD 77,500 worth of EdenCrete® has so far been ordered for this project, and this amount is expected to grow before the construction is completed over the coming weeks. This order followed a review of increased abrasion resistance and reduced permeability that EdenCrete® delivers to concrete. The dosage rate being used is 4 gallons/cubic yard of concrete, and this still delivers a very cost-effective alternative to a more expensive, epoxy coating treatment that had previously been applied to concrete tipping slabs in other waste transfer stations. This growth market offers EdenCrete® a major opportunity for significant new business. Announcement • Nov 23
Eden Innovations Ltd Announces EdenCrete - Significant New Kansas Project Eden Innovations Ltd. reported the further expansion of the US EdenCrete® market, with the commencement of a new and significant construction project that includes EdenCrete® enhanced concrete in a $51 million expansion project that includes a new 505-bay carpark and 10-story tower which will change the skyline of Wichita, Kansas. The project, RISE: A Beacon of Progress, is taking place in two phases beginning with the construction of the new five-story private carpark building, that will include 17,000 square feet of street-level retail space. Phase two will be the construction of the The Tower, a 10-story building with 135,000 square feet (12,542 square metres) of floor space, including a large rooftop green space featuring grass and trees, on the site of the original parking deck. Upon completion the new carpark will be connected to The Tower by a two- story walkway. Andale Ready Mix is the concrete supplier for the project and approved and specified the use of EdenCrete® in the concrete to be installed in the decks, ramps, sidewalks and entryways of the new carpark, to deliver improved crack reduction, abrasion and scaling resistance and better pumpability. A total of 2,700 cubic yards (2,064 m3) of concrete is estimated to be required for this phase of construction that will include more than USD 30,000 worth of EdenCrete®. Laying the carpark decks and ramps, in which the EdenCrete® infused concrete is being applied in a 4 inch (100mm) thick concrete overlay, commenced on 19 November 2020 and delivered a very successful outcome. The first 200 cubic yards of EdenCrete® concrete was pumped via a boom pump to the fourth-floor deck level, a vertical distance of approximately 15 metres, pumped through approximately 30 metres of 100mm diameter hose. The mix pumped well with no issues. Pump pressures where measured at low 100's bar (around 10 MPa). The pump operator said the required pumping pressure in a similar pumping application, without the added EdenCrete®, would usually be in the range of 200-225bar (20-22.5 MPa). The finish was reported to be exceptional, particularly with the suspended broom finish that was specified. The initial parts of this project, completed last week, involved the placement of EdenCrete® concrete for an interior sidewalk, placed with shuttle buggies and a ground floor, Slab on Grade overlay on a concrete base, that was placed with a boom pump. Positive feedback was received from both the concrete finishers and general contractor on the properties inherent in the EdenCrete® infused concrete mix. This project is another major milestone for EdenCrete® infused concrete being: the first project in Wichita, the first project in Kansas, the first project with this concrete provider, the first project with this General Contractor; and the first project in which EdenCrete® infused concrete is used as a thin overlay to deliver both improved crack reduction, and abrasion and scaling resistance in a high-rise parking structure. Reported Earnings • Sep 25
Full year earnings released - AU$0.0053 loss per share Over the last 12 months the company has reported total losses of AU$9.11m, with losses narrowing by 1.2% from the prior year. Total revenue was AU$2.43m over the last 12 months, up 3.0% from the prior year. 