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Bridge SaaS Limited (ASX:BGE)

ALERT: Price-sensitive ASX Announcement for BGE
Current share price for BGE : $0.019 0.004 (26.67%)+
Announcement
Release
27 Feb 2026 2:18PM
Price at Release
$0.015
Full Release
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Summary
Bridge SaaS Limited's half-year report for the period ending 31 December 2025 reveals a significant increase in revenue by 83.7% to $5,658,745 compared to the previous period, but it still reports a loss of $156,036, which is a 71.9% improvement from the previous half-year's loss. The report highlights the company's strategic expansion in the disability services sector, noting the incorporation of Bridge Disability Support Pty Ltd in New South Wales and continued growth and stability in its Brightside operations. The report also mentions a material uncertainty regarding the company's ability to continue as a going concern due to current liabilities exceeding current assets by $435,284. Despite this, the directors are confident about continued operations due to various factors such as profitable subsidiary performances, reduced operating costs, and potential capital raising capabilities. The report concludes with an auditor's review noting no significant issues but highlighting the going concern uncertainty.
Key Points
  • Revenue increased by 83.7% to $5,658,745.
  • Loss reduced by 71.9% to $156,036.
  • Strategic expansion in disability services with new operations in New South Wales.
  • Brightside operations demonstrate continued growth and stability.
  • Material uncertainty regarding going concern status due to liabilities exceeding assets.
  • Directors optimistic about future operations citing profitable subsidiaries and cost reductions.
  • Auditor's review highlights going concern uncertainty but no significant issues.
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.