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Bridge SaaS Limited (ASX:BGE)

ALERT: Price-sensitive ASX Announcement for BGE
Current share price for BGE : $0.008 -0.011 (-57.89%)+
Announcement
Release
31 Jul 2026 4:24PM
Price at Release
$0.019
Full Release
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Summary
Bridge SaaS Limited provided a quarterly update for the period ending 30 June 2026, highlighting key financial activities and strategic moves. The company recorded cash receipts of approximately $2.556 million. Net cash used in operating activities was $268,000 while investing and financing activities contributed net cash of $79,000 and $23,000 respectively. After selling its Brightside investment for $1.5 million, the company enhanced its cash position significantly. The report also detailed strategic initiatives like working on a software platform informed by NDIS service delivery, exploring AI applications, and seeking partnerships in robotics. Bridge aims to focus on its NSW business and technology development. The report included compliance with ASX Listing Rules and noted a potential $3.5 million funding through a proposed placement yet to be completed.
Key Points
  • Cash receipts of $2.556 million in the quarter.
  • Net cash used in operating activities: $268,000.
  • Brightside investment sold for $1.5 million post-quarter.
  • Focus on NSW operations and technology development.
  • Exploration of AI applications in NDIS settings.
  • Potential $3.5 million funding through proposed placement.
  • Compliance with ASX Listing Rules noted.
  • Strategic partnership opportunities in robotics explored.
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.