AM
AMCR
Year ended Jun 30, 2025 · FY2025 10-K

Amcor (AMCR) 10-K Summary — Year Ended Jun 30, 2025

The filing covers Amcor's annual results and discusses a merger with Berry. The company reported a substantial annual revenue figure after a period of decline and recovery.

Key takeaway

Year ended Jun 30, 2025 · FY2025 10-K

The filing covers Amcor's annual results and discusses a merger with Berry. The company reported a substantial annual revenue figure after a period of decline and recovery.

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$15B

Revenue reported for the fiscal year.

Operating income

$1B

Income from operations reported for the year.

Net income

$511M

Net income reported for the year.

Operating cash flow

$1.4B

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period endedRevenueYear-over-year change
Sep 30, 2024$3.4B-75.4%
Dec 31, 2024$3.2B-3.3%
Mar 31, 2025$3.3B+2.8%
Jun 30, 2025$15B+350.3%

Business overview

The filing does not provide a detailed business description, but it references a merger with Berry and discusses tax liabilities arising from that transaction.

Financial performance

Revenue declined early in the reporting period, then increased sharply, resulting in a substantial annual total. The company also reported positive operating income, net income, and operating cash flow.

Material risks

The filing identifies risks related to structural subordination of the company’s debt to creditors of non-guarantor subsidiaries, and potential additional tax liabilities from the merger with Berry.

Liquidity and capital

Many operating subsidiaries do not guarantee the company’s indebtedness, creating structural subordination that affects capital resources. The merger may also introduce tax-related liquidity impacts.

What to watch

Monitor the resolution of merger-related tax liabilities, as they could materially affect financial condition and liquidity.