Market Alert: Ukraine Conflict Update and U.S. Policy Risk
The Star Entertainment Group Limited (ASX: SGR) has reported its unaudited results for the year ended 30 June 2025. The Group recorded AU$1,187.5 million in net revenue and an EBITDA loss (before significant items) of AU$77.1 million, consistent with prior quarterly disclosures. Statutory net loss stood at AU$471.5 million, impacted by post-tax significant items of AU$212.4 million. Trading performance weakened notably due to regulatory reforms, remediation costs, and market share loss. The company achieved its AU$100 million cost-saving target and is pursuing further efficiencies in FY26.
During the year, Treasury Brisbane Casino contributed until its August 2024 closure, while The Star Brisbane began phased opening from 29 August 2024. In 2H FY25, trading stabilised, though at subdued levels. July 2025 revenue was AU$92.1 million, with an EBITDA loss of AU$7.4 million. Liquidity remained critical, with AU$234 million cash on hand at 30 June 2025, supported by asset sales, strategic investments, and funding arrangements. Closing available cash as of 25 August 2025 was AU$189 million. Management continues to focus on liquidity, cost-out measures, and completing the remediation plan.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.