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Cycliq Group Ltd (ASX:CYQ)

ALERT: Price-sensitive ASX Announcement for CYQ
Current share price for CYQ : $0.004 -0.001 (-20%)+
Announcement
Release
23 Jul 2026 5:53PM
Price at Release
$0.005
Full Release
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Summary
Cycliq Group Ltd reported consistent customer receipts of $1.072 million for Q4, with a marked increase in June sales driven by a strong End of Financial Year campaign. The company achieved a net operating cash inflow of $199,000, reversing a previous outflow and closing with a cash balance of $535,000. They appointed new leadership, including a Chief Technology Officer, to drive their strategy in expanding vision technology and AI applications. The report outlines operational expenses and related party payments, reflecting a stable financial position as they continue to enhance their market and technological capabilities.
Key Points
  • Customer receipts for Q4 were $1.072 million, consistent with Q4 FY2025.
  • Significant sales increase in June due to EOFY campaign.
  • Net operating cash inflow of $199,000 for the quarter.
  • Closing cash balance of $535,000.
  • Appointment of Rhys Campbell as CTO and Mr. Ariel (Eddie) King as Non-Executive Director.
  • Company's strategy focuses on expanding vision technology and AI applications.
  • Operational expenses included $260,000 in product and manufacturing costs, $202,000 in administration, and $223,000 in staff costs.
  • Payments to related parties amounted to $27,000.
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.