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Axtec Limited (ASX:AXI)

ALERT: Price-sensitive ASX Announcement for AXI
Current share price for AXI : $0.010 -0.002 (-16.67%)+
Announcement
Release
30 Jan 2026 5:28PM
Price at Release
$0.012
Full Release
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Summary
Axtec Limited filed its Appendix 4C Quarterly cash flow report for the quarter ending 31 December 2025, maintaining a cash position of $1.250 million. This financial stability was bolstered by an equity placement involving strategic investors, including the Managing Director and Oriental University City Holdings, and by implementing cost reduction measures. An additional $1.275 million investment through convertible notes was committed to enhance the company's financial base and support growth. The quarter also saw Axtec forging partnerships, such as with Ray White Avi Kahn Group, to expand its PropTech services through PaySure and MyHomeVault. Furthermore, Axtec engaged in late-stage discussions with a large Australian real estate network for a potential rollout of its AI-enabled platform and explored international collaborations, marking a strategic rebrand as a focused PropTech company. The company continued its investment in an AI-driven automation platform to enhance efficiency and compliance for real estate agencies.
Key Points
  • Axtec Limited submitted an Appendix 4C Quarterly cash flow report for the quarter ending 31 December 2025.
  • The company maintained a cash position of $1.250 million during the quarter.
  • An equity placement was completed with strategic and sophisticated investors, including the Managing Director and Oriental University City Holdings.
  • Axtec implemented cost reduction initiatives, reducing its annualised cost base by $400,000.
  • Further investment of $1.275 million via a convertible note was committed to by Mr. Laurance and OUC.
  • The company partnered with Ray White Avi Kahn Group to embed PaySure and plans to extend services with MyHomeVault.
  • Axtec is in discussion with a large Australian real estate network for a potential AI-enabled platform rollout.
  • They are also in talks with a strategic international partner for a possible collaboration in Australia, the US, and the UK.
  • Axtec completed a rebrand to reflect its focus as a PropTech business.
  • The company continued investing in an AI-enabled automation platform for real estate agencies.
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.