Rubicon Water's validation of 1H FY24 results

Australian water technology solutions company Rubicon Water Limited (ASX: $RWL) has received crucial contractual documentation validating its half-year results for the period ended 31 December 2023. The Independent Auditors Review Report was previously qualified due to the absence of satisfactory audit evidence of a key contract at the time of release. However, the Company has now obtained the necessary evidence and provided it to the auditors, resolving the qualification.

Executive Commentary

The Company is pleased to confirm the receipt of the crucial evidence required to validate our 1H FY24 results. This demonstrates our commitment to transparency and accuracy in financial reporting. We are confident that this development will provide assurance to our stakeholders and the market regarding the integrity of our financial statements. We remain focused on delivering sustainable water technology solutions and driving value for our shareholders.

Summary of Rubicon Water's Announcement

Rubicon Water Limited (ASX: $RWL) has successfully addressed the qualification in the Independent Auditors Review Report by obtaining the necessary evidence related to a key contract. This development reinforces the Company's dedication to upholding transparency and accuracy in financial reporting. The receipt of the crucial evidence is expected to provide assurance to stakeholders and the market regarding the integrity of Rubicon Water's financial statements. Looking ahead, the Company remains committed to delivering sustainable water technology solutions and creating value for its shareholders.