RLF AgTech (ASX:RLF) entered the 2026 Australian cropping season on a high note, reporting record year-to-date performance and a decisive shift towards group profitability.
Following a $4.5 million capital raise, the company’s latest operational update reveals a consolidated group revenue of $18 million for the nine-month period ended March 31.
The milestone is significant as it precedes the primary sales window for the Australian market, marking a record trading period for the agricultural technology firm.
The company achieved a positive EBITDA of $166k for the month of March, representing a major financial turnaround that exceeded internal budget expectations.
Management attributed this "quality" of earnings to a deliberate "operational lean-down", which involved reducing corporate overheads to redirect resources towards frontline commercial execution.
The company reported $4.1 million in inventory as of late March, ensuring it can meet the immediate demands of retail partners and growers without the lead-time risks associated with imported granular products.