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Hubify Limited (ASX:HFY)

ALERT: Price-sensitive ASX Announcement for HFY
Current share price for HFY : $0.011 0.003 (37.50%)+
Announcement
Release
27 Feb 2026 8:49AM
Price at Release
$0.008
Full Release
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Summary
Hubify Limited's half-year financial report for the period ending 31 December 2025 reveals a revenue of $8.3 million, a decline of 7% from the previous year, attributed to a strategy of shedding lower-margin clients. Despite the reduction in revenue, the EBITDA improved by 84% to $0.33 million, due to cost optimization efforts and a focus on high-value recurring revenue from Managed Services. The company reported a net loss after tax of $242,555, improved from a loss of $422,623 in the previous year, largely due to non-cash amortization expenses. Cash and cash equivalents increased to $3.01 million. Significant management changes included the resignation of the CFO, Nick Fitzgerald, and the appointment of Deepak Nand. The financial position remains strong with no debt, and subsequent events included a $250,000 capital raise through a share placement.
Key Points
  • Revenue decreased by 7% to $8.3 million due to shedding non-core customers.
  • EBITDA improved by 84% to $0.33 million.
  • Net loss after tax was $242,555, improved from $422,623.
  • Focus on high-value recurring revenue and cost optimization.
  • Cash and cash equivalents increased to $3.01 million.
  • Significant management change with new CFO, Deepak Nand.
  • $250,000 capital raise through a share placement post-reporting period.
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.