Duxton Farms Limited revised unaudited earnings guidance for the year 2023. The company announced on the November 16, 2022 in a release titled 2022 Flood Impact that it expected full year 2023 revenues of approximately $8 million and a forecasted net loss of approximately $6.2 million. This guidance was revised to a net loss after tax of $7.8 million in an announcement released to the ASX on the April 20, 2023 titled Guidance Update ­FY23.

As a result of the wider decrease in cattle prices since October 2022, the Company's independent cattle valuations were materially lower than the previous reporting period, meaning that the Company has written down the value of the cattle at its New South Wales aggregation by $1.8 million. In addition to other minor unbudgeted expenditures and some expenses associated with the 2024 winter crop having been brought forward into the 2023 Financial Year, this has meant that the Company now expects to make a net loss after tax of $10.1 million. It should be noted that this figure is not an audited final number and that it is subject to change.