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Flexiroam Limited (ASX:FRX)

ALERT: Price-sensitive ASX Announcement for FRX
Current share price for FRX : $0.017 -0.004 (-19.05%)+
Announcement
Release
29 Apr 2026 9:32AM
Price at Release
$0.021
Full Release
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Summary
Flexiroam Limited reported its Q3 FY26 performance, highlighting continued profitability and cash generation. The company achieved a positive net operating cash flow of $2.4 million over nine months FY26 and an underlying EBITDA of $2.3 million, sustaining positive EBITDA for the fifth consecutive quarter. The cash balance reached $3.5 million at the end of March 2026. Despite a decrease in total revenue to approximately $2.2 million due to reduced consumer travel revenue, the company's recurring revenue base remained stable. Flexiroam secured three major enterprise agreements during the quarter and announced a third consecutive cash-flow-positive quarter, marking a significant improvement from the previous year.
Key Points
  • Three enterprise agreements secured, including with DIV Services and Paydibs.
  • Third consecutive cash-flow-positive quarter with $0.5 million net cash from operations.
  • Cash balance increased to $3.5 million as of March 31, 2026.
  • Underlying EBITDA for 9M FY26 was $2.3 million, showing sustained profitability.
  • Total revenue was approximately $2.2 million, affected by global factors impacting consumer travel.
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.