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flag AWI reduced reserves to $77.26M in 2025 amid declining revenue and plans to rely solely on annual income for three years.

flag Australian Wool Innovation (AWI) is cutting its use of financial reserves in 2025 as revenue dropped to $57.7 million, down from $63 million the prior year, while spending remained above income for the sixth straight year. flag Reserves fell to $77.26 million, the lowest in 15 years, after a $2.7 million drawdown—less than budgeted—due to tighter financial management. flag The company plans to rely solely on annual revenue for the next three years, with no reserves projected to be available. flag Staff were reduced to 133 globally, and AWI met over 80% of its annual goals despite challenges including droughts, floods, weak global wool demand, strong sheep meat demand, and the end of live sheep exports. flag The annual general meeting and board election are set for November 14, 2025.

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