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8Common Ltd (ASX:8CO)

ALERT: Price-sensitive ASX Announcement for 8CO
Current share price for 8CO : $0.041 0.014 (51.85%)+
Announcement
Release
23 Apr 2026 9:26AM
Price at Release
$0.027
Full Release
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Summary
8common Limited (ASX: 8CO) has released its quarterly report for the period ending 31 March 2026. The company reported SaaS revenue of $1.2 million, a 7% increase compared to the same period last year, with a gross SaaS margin of 73%. Total revenue was $1.45 million, slightly down by 3% year-on-year. The company saw a net operating cash inflow of $8,000 and maintained a cash position of $0.1 million, supported by a $1.5 million loan facility which has been extended to 1 May 2027. Key operational highlights included new government contracts and contract extensions, contributing to an expanded user base of 195,000. The company noted a significant increase in market activity within the Australian Government sector and a stabilization of its cost base, projecting a positive EBITDA for the fiscal year 2026.
Key Points
  • SaaS revenue of $1.2 million, up 7% year-over-year.
  • Total revenue at $1.45 million, down 3% from the previous year.
  • Net operating cash inflow of $8,000.
  • Cash position of $0.1 million, stable with $1.5 million loan facility.
  • Loan facility extended to 1 May 2027.
  • New government contracts with The Aged Care Quality and Safety Commission and National Environmental Protection Agency.
  • User base expanded to 195,000.
  • Significant increase in market activity in the Australian Government sector.
  • Cost base stabilized, projecting positive EBITDA for FY26.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.