Rubicon Water (RWL) AGM 2025 summary

Opening remarks and agenda

• Meeting opened virtually, marking the 30-year anniversary and highlighting global impact in water management.

• Introduction of executive and non-executive directors, CFO, company secretary, and new auditors.

• Chair emphasized the significance of water scarcity and resource management as global challenges.

Financial performance review

• Achieved record revenue of AUD 69 million, with a 42% uplift in the rest of the world segment.

• Net loss narrowed to AUD 7 million from AUD 11 million, with positive cash flows of AUD 5.4 million.

• U.S. revenue reached $31.7 million, up from $25.6 million, with significant growth potential.

• EMEA revenue grew 123% to AUD 9.6 million, with major projects in Italy and ongoing expansion.

Board and executive committee updates

• Chair transitioned from non-executive director to chair in April, leading during a pivotal period.

• Board acknowledged the dedication and expertise of teams driving global partnerships and project delivery.