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Beam Communications Holdings Limited (ASX:BCC)

ALERT: Price-sensitive ASX Announcement for BCC
Current share price for BCC : $0.057 -0.098 (-63.23%)+
Announcement
Release
29 Jan 2026 9:19AM
Price at Release
$0.155
Full Release
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Summary
Beam Communications Holdings Limited reported a robust cash position with $4 million at the end of December 2025, including an additional US$9 million following the divestment of Zoleo Inc. The company noted profitable performance from its legacy businesses, achieving a positive adjusted free cash flow of $0.3 million excluding one-off costs. Despite a drop in unaudited quarterly revenue due to the divestment, Beam successfully controlled costs, maintaining sustainable operations. Looking forward, the company plans to provide more details on a capital return during the half-year results release and expects positive free adjusted cash flows for FY26. The report also highlighted decreases in revenue from its core equipment business and SatPhone Shop due to the absence of ZOLEO device orders and lower satellite handset sales, respectively, while recurring revenue from Airtime Services saw a 17.4% increase.
Key Points
  • Healthy cash position with $4 million in available funds, increasing by US$9 million from Zoleo Inc. divestment.
  • Legacy businesses generated a positive adjusted free cash flow of $0.3 million.
  • Strong cost control countered expected revenue drops due to Zoleo divestment.
  • Anticipated positive free adjusted cash flows for FY26.
  • Quarterly revenue declined to $3.3 million due to the absence of ZOLEO device orders.
  • Core equipment business revenue fell 41.1% and SatPhone Shop revenue dropped 20.8% compared to PCP.
  • Recurring revenue from Airtime Services increased by 17.4%.
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.