InvestSMART

Conneqt Health Limited (ASX:CQT)

ALERT: Price-sensitive ASX Announcement for CQT
Current share price for CQT : $0.020 0 (0%)+
Announcement
Release
21 Jul 2026 4:01PM
Price at Release
$0.020
Full Release
download
Summary
CONNEQT Health Limited's Appendix 4C for the quarter ending June 30, 2026, reports on the company's financial activities. During the quarter, the company had operating cash receipts of $1,884,000, but significant outflows in research and development ($97,000), product costs ($384,000), and staff costs ($2,059,000), among others, leading to a net operating cash outflow of $2,466,000. The company engaged in financing activities, raising $3,400,000 from equity securities and $325,000 from convertible debt securities, resulting in a net cash inflow of $4,577,000 from financing activities. Cash at quarter-end was $2,566,000. The report indicates a strong sales performance from CONNEQT Pulse and an expanding subscription revenue base, with 17 new subscription-based customers added by the end of Q4. The company anticipates continued strong cash inflows and expects to maintain its operations with potential for additional capital raising if needed.
Key Points
  • CONNEQT Health Limited reported a net operating cash outflow of $2,466,000 for the quarter ending June 30, 2026.
  • The company raised $3,400,000 from equity securities and $325,000 from convertible debt securities.
  • Net cash inflow from financing activities was $4,577,000.
  • Cash and cash equivalents at the end of the period were $2,566,000.
  • Strong sales performance from CONNEQT Pulse and a growing subscription base.
  • 17 new subscription-based customers were added by the end of Q4.
  • The company expects to continue strong cash inflows and is prepared to raise additional capital if necessary.
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.