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De.mem Limited (ASX:DEM)

ALERT: Price-sensitive ASX Announcement for DEM
Current share price for DEM : $0.100 0.013 (14.94%)+
Announcement
Release
24 Apr 2026 9:13AM
Price at Release
$0.087
Full Release
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Summary
De.mem Limited reported record cash receipts of approximately $10.4 million for the March Quarter 2026, marking a 31% growth from the previous year. The company achieved a positive operating cash flow of $504k, sustained by its strategy of focusing on high margin recurring revenue segments. The acquisition of Core Chemicals has significantly increased De.mem's presence in the gold mining sector. With a strong cash balance of about $4.2 million at the end of March 2026, De.mem has maintained growth for 28 consecutive quarters. The company's offerings include a wide array of water and wastewater treatment services, with its German subsidiary contributing significantly to its financial success. De.mem is also expanding its domestic water filtration market presence, leveraging certifications obtained for its advanced membrane technology.
Key Points
  • Record quarterly cash receipts of ~$10.4 million, representing a 31% growth compared to the previous corresponding period.
  • Positive operating cash flow of $504k for the March Quarter 2026.
  • De.mem Limited achieved 28 consecutive quarters of cash receipts growth.
  • Acquisition of Core Chemicals increased exposure to the gold mining sector.
  • Strong cash balance with ~$4.2m at the end of March 2026.
  • The company focuses on high margin recurring revenue segments.
  • De.mem's German subsidiary contributed approximately $350k to the quarterly positive cash flow.
  • De.mem offers a comprehensive range of services including Build, Own, Operate contracts, specialty chemicals sales, and membrane technologies.
  • The company is pursuing a third-party sales distribution model for domestic water treatment products.
  • De.mem achieved the necessary certifications for its membrane technology in several countries, including the USA.
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.