Savor has reported a net loss after tax of $1.2 million for the financial year ended March 31, 2025, compared to a profit of $700,000 in the previous year.
The company attributed the loss to a one-time accounting write-off from the discontinued Seafarers operations.
Savor's operating earnings for the year were $7.3m, representing a net extraction rate of 13%.
Savor's revenue declined 8% to $56.6m, driven by reduced foot traffic due to economic pressures.
However, the company said there was a strong turnaround in the second half of the year, closing the gap from a 15% decline in the half-year results.
Operating cash flow increased by 11%, reaching $7.1m.
Savor ended the year with net cash on hand of $1.8m and a ratio of net debt to operating earnings of less than 1 times.
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