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Halo Technologies Holdings Ltd (ASX:HAL)

ALERT: Price-sensitive ASX Announcement for HAL
Current share price for HAL : $0.017 -0.007 (-29.17%)+
Announcement
Release
30 Apr 2026 7:07PM
Price at Release
$0.024
Full Release
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Summary
Halo Technologies Holdings Ltd submitted its Appendix 4C Cash Flow Report for the quarter ending 31 March 2026, detailing a decrease in operating revenue to $3.10 million from the previous quarter's $3.84 million, primarily due to reduced brokerage revenue amid geopolitical tensions. The company's strategy is focused on expanding its B2B network and growing its subscriber base across Australasia, the UK, and the UAE. Despite a challenging quarter, HALO is optimistic about future growth, aiming to raise $2.5 million by September 2026 and expects to continue operations with planned funding initiatives and a potential R&D tax incentive refund. Related party transactions for the quarter amounted to $2.18 million, with costs primarily associated with trading and brokerage revenue.
Key Points
  • Operating revenue for the quarter was $3.10 million, down from $3.84 million.
  • Decrease driven by lower brokerage revenue due to geopolitical tensions.
  • Company focused on expanding B2B network in Australasia, UK, and UAE.
  • Plans to raise $2.5 million by September 2026.
  • Expect to receive a $1.7 million R&D tax incentive refund.
  • Related party transactions amounted to $2.18 million for the quarter.
  • HALO optimistic about growth and continued operations.
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.