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CleanSpace Holdings Limited (ASX:CSX)

ALERT: Price-sensitive ASX Announcement for CSX
Current share price for CSX : $0.370 -0.22 (-37.29%)+
Announcement
Release
26 Feb 2026 8:51AM
Price at Release
$0.590
Full Release
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Summary
CleanSpace Holdings Limited reported its H1 FY26 results, showing a 10% revenue growth to $10.1 million compared to the previous corresponding period. The gross margin improved to 75%, driven by continuous improvement initiatives. Despite a slight operating EBITDA loss of $0.3 million, this was a 23% improvement over the same period last year due to disciplined cost management. The company maintained a healthy cash balance of $9.8 million, which represents an 18% increase from the previous year. The outlook for FY26 includes an expected revenue growth of 15%, maintaining strong gross margins, positive operating EBITDA in the second half, and positive cash flow for the full year. The company remains focused on market expansion, especially in Europe and North America, while addressing regional challenges in the Asia Pacific.
Key Points
  • Sustained revenue growth with strong margins.
  • Revenue of $10.1M, growth of 10% (versus prior corresponding period).
  • Gross margin strengthened to 75%, improved by 1%.
  • Cash balance of $9.8M, a rise of 18% compared to last year.
  • Operating EBITDA improved by 23% to -$0.3M.
  • Outlook projects 15% revenue growth for FY26.
  • Focus on regional sales expansion, particularly in Europe and North America.
  • Challenges in APAC due to market conditions and strategy adjustments.
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.