US EditionRakon records net loss on lower revenue, banks on new AI and cloud segment for 2026
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Rakon records net loss on lower revenue, banks on new AI and cloud segment for 2026
Auckland-based component maker Rakon has recorded a net loss after tax of $5.8 million, including $3.6 million of one-off restructuring and transaction costs, in the year to 31 March 2025. Revenue of $103.7M was down 19% year on year. However, the company said underlying EBITDA of $9.5M was in line with the guidance and underpinned by a significant second-half rebound. That second half surge delivered 60% of full year revenue and set momentum fo…
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