InvestSMART

AdNeo Limited (ASX:AD1)

ALERT: Price-sensitive ASX Announcement for AD1
Current share price for AD1 : $0.025 -0.017 (-40.48%)+
Announcement
Release
22 Apr 2026 8:28AM
Price at Release
$0.042
Full Release
download
Summary
AdNeo Limited has secured a five-year enterprise agreement with Amplitude Energy for its enterprise learning platform, Learnt. The agreement, valued at approximately $246,400 (ex GST), includes a one-time implementation fee and annual recurring licence fees. This partnership will involve the creation and ongoing management of the Amplitude Energy Academy, providing training across safety, compliance, and leadership for up to 1,000 users. The agreement, commencing on August 1, 2026, may lead to further revenues through bespoke content development. The deal enhances AdNeo's presence in the Australian energy sector and aligns with its strategic goals.
Key Points
  • AdNeo Limited secures a five-year agreement with Amplitude Energy.
  • Contract valued at approximately $246,400 (ex GST).
  • Learnt platform to host Amplitude Energy Academy for training purposes.
  • Covers 1,000 users across Australia for safety, compliance, and leadership training.
  • Agreement starts on August 1, 2026, with potential for additional revenue from bespoke content.
  • Partnership strengthens AdNeo's position in the Australian energy sector.
  • Includes a six-month convenience termination clause for Amplitude Energy.
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.