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Connexion Mobility Ltd (ASX:CXZ)

ALERT: Price-sensitive ASX Announcement for CXZ
Current share price for CXZ : $0.021 -0.005 (-19.23%)+
Announcement
Release
11 Feb 2026 10:08AM
Price at Release
$0.026
Full Release
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Summary
Connexion Mobility Ltd reported a profitable half-year ending December 31, 2025, with revenues from ordinary activities increasing by 7% to US$5,834,334 and a profit of US$1,143,877, up 5% from the previous period. The company continued its focus on developing and commercializing proprietary mobility and rental management software for the automotive industry, with investments in Research & Development and Sales & Marketing. Significant financial activities included the acquisition of a minority stake in Covertrue Group Pty Ltd and continued share buyback initiatives. The company did not declare or pay any dividends during the period, maintaining a surplus working capital position.
Key Points
  • Revenues increased by 7% to US$5,834,334.
  • Profit for the half-year was US$1,143,877, a 5% increase.
  • Connexion Mobility Ltd specializes in mobility and rental management software.
  • Invested in Research & Development and Sales & Marketing.
  • Acquired a minority stake in Covertrue Group Pty Ltd.
  • Continued share buyback initiatives.
  • No dividends declared or paid.
  • Working capital surplus increased to US$2,006,533.
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.