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8Common Ltd (ASX:8CO)

ALERT: Price-sensitive ASX Announcement for 8CO
Current share price for 8CO : $0.039 0 (0%)+
Release
9 Jul 2026 9:41AM
Price at Release
$0.039
Full Release
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Summary
8common Limited released its quarterly report for the period ending 30 June 2026, highlighting a positive EBITDA and profit before tax with all debts repaid. The company reported net operating cash flow of $399k and cash receipts from operations totaling $2.29 million. Total revenue for Q4 was $1.7 million, down 18% from the previous period, while cash reserves stayed at $0.1 million. The company has access to a $1.5 million loan facility from Executive Chairman Nic Lim, which remains unused. Key contracts include a new agreement with the Australian Taxation Office. The Expense8 platform and CardHero continue to expand within their sectors, contributing to the company's positive outlook.
Key Points
  • 8common Limited (ASX:8CO) released its quarterly cash flow and business update for the quarter ended 30 June 2026.
  • The company reported a positive EBITDA and profit before tax, with all debts repaid.
  • Net operating cash flow was $399k for Q4 FY26.
  • Cash receipts from operations totaled $2.29 million.
  • Total revenue for Q4 was $1.7 million, a decrease of 18% compared to the previous corresponding period.
  • The company had a cash position of $0.1 million at the end of the quarter.
  • A $1.5 million loan facility is available from the Executive Chairman, Nic Lim, which remains unused.
  • Significant contracts include a new deal with the Australian Taxation Office valued at $1.9 million over three years.
  • The company's Expense8 platform continues to expand within the federal government sector.
  • CardHero, another offering from 8common, generated $162k in revenue during the quarter and operates cashflow positive.
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.