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Flexiroam Limited (ASX:FRX)

ALERT: Price-sensitive ASX Announcement for FRX
Current share price for FRX : $0.022 -0.002 (-8.33%)+
Announcement
Release
31 Jul 2026 1:01PM
Price at Release
$0.024
Full Release
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Summary
FlexiRoam Limited reported a significant financial milestone for FY26, delivering its first positive full-year operating cash flow of $2.7 million and more than doubling its cash balance to $3.5 million without acquiring new debt or capital. The company also achieved its first statutory net profit after tax since listing, amounting to $0.4 million. The year saw a stronger focus on recurring revenue, which constituted 66% of Q4 FY26 revenue and 55% of the full-year total. Despite a 27% decrease in overall revenue due to lower transactional consumer travel revenue, the company maintained positive cash flow for four consecutive quarters. FlexiRoam's strategic growth is driven by embedding its connectivity solutions within large customer bases through partnerships, including new agreements with Tune Protect and a global telecommunications partner.
Key Points
  • FlexiRoam Limited achieved its first positive full-year operating cash flow since listing, amounting to $2.7 million.
  • Cash balance more than doubled to $3.5 million without raising capital or new debt.
  • Recorded the first full-year statutory net profit after tax since listing at $0.4 million.
  • Recurring revenue represented 66% of Q4 FY26 total revenue and 55% of full-year revenue.
  • Four consecutive quarters of positive operating cash flow were recorded.
  • Total FY26 revenue decreased by 27% compared to FY25, mainly due to a fall in transactional consumer travel revenue.
  • FlexiRoam's growth is channel-led, embedding its platform within large customer bases via partnerships.
  • The company extended its Mastercard channel strategy to new partners, including Tune Protect and a global telecommunications partner.
  • The Appendix 4C report details financial performance, with a focus on cash flows and investment activities.
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.