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Highlights:

  • RLF AgTech reported FY25 customer receipts of AUD 26 million, up 74% YoY.
  • RLF AgTech generated FY25 net operating cash flow of AUD 0.8 million, reversing prior year outflow
  • RLF AgTech expanded distribution in Australia and advanced partnerships in China and Southeast Asia

RLF AgTech Ltd (ASX:RLF), an Australian plant nutrition and agricultural technology company, has released its Quarterly Activities Report for the period ended 30 June 2025, summarising a full financial year marked by increased operating cash flow, customer receipts, and geographic expansion across key markets. RLF ended FY25 with full-year customer receipts of AUD 26.0 million, a 74% increase from FY24. The company recorded net cash from operating activities of AUD 0.8 million for the year, reversing a negative cash flow position from the prior period. Cash receipts in the June 2025 quarter totalled AUD 8.9 million, up 254% from the previous quarter and 74% higher year-on-year. Net operating cash for the quarter reached AUD 3.9 million. As of 30 June 2025, RLF’s cash balance stood at AUD 6.5 million, reflecting a 39% increase from the previous year.

Despite one-off expenses associated with restructuring and entry into new markets, the company’s core operations continued to contribute positively to cash generation. RLF has indicated that these results reflect a transition from organisational set-up to commercial execution. Domestically, RLF completed a relaunch of its Australian business unit, regaining full commercial rights and establishing RLF Australia as a standalone operation. This included new partnerships with national distributors, an expanded network of approximately 520 retail locations, and the launch of a dedicated ordering platform. The company also introduced crop-specific nutrition programs and began field-based marketing and training activities to support its distribution network. RLF upgraded its Queensland-based manufacturing facility during the year, allowing it to internalise production and respond more efficiently to distributor and grower requirements.

In China, cash collections for the June 2025 quarter reached AUD 5.3 million, representing a quarterly record and a 73% year-on-year increase. The company attributed this growth to renewed engagement with distribution partners and marketing campaigns focused on digital outreach. The company also reported increased pre-orders and improving margins across its product range in the market. In Southeast Asia, RLF progressed with trial programs and early-stage commercial activity in Vietnam and India. In Vietnam, repeat orders and crop trials from three distributors KONA, VINCO, and YAMATO were recorded, with a focus on coffee and durian crops. In India, several trials are underway with potential distribution partners, as part of a strategic effort to enter the high-volume fertiliser market.

RLF signed an exclusive distribution agreement with AXIOMA Biologicals, covering biostimulant products across Australia, China, and Southeast Asia. The addition of AXIOMA’s plant-based biological inputs is expected to complement RLF’s existing nutrition offerings and extend its presence in the biologicals segment. The Hillston Soil Carbon Project, a part of RLF’s regenerative agriculture strategy, delivered positive data on soil carbon outcomes. 

RLF shares were trading 21.05 % higher at AUD 0.069 per share as on 24 July 2025.