Hydrix Limited (ASX:HYD)

ALERT: Price-sensitive ASX Announcement for HYD

Current share price for HYD : $0.004 0 (0%)⁺

Announcement

Quarterly Activities/Appendix 4C Cash Flow Report

Release

30 Jul 2026 6:14PM

Price at Release

$0.004

Full Release

Summary

Hydrix Limited's quarterly cash flow report for the quarter ending June 30, 2026, indicates a net cash outflow from operating activities of $1.633 million, primarily due to high staff and administration costs. The company made minimal investments and recorded significant financing inflows of $5.207 million from new equity issues. Hydrix established a new subsidiary, Hydrix Defence, to leverage proprietary technologies in the Defence sector. The company secured $6.5 million in new contracts and reported a quarterly revenue of $2.2 million, despite a temporary program delivery pause. An $8.18 million entitlement offer was announced, raising $5.2 million, enhancing liquidity.

Key Points

Hydrix Limited reported cash flows from operating activities showing receipts from customers of $1,902,000 for the current quarter.
Operating expenses included staff costs of $2,385,000 and administration costs of $606,000, resulting in a net operating cash outflow of $1,633,000.
Investing activities showed minimal movement with a net cash outflow of $10,000.
Financing activities included proceeds from the issue of equity securities amounting to $5,207,000.
Hydrix established 'Hydrix Defence' as a wholly owned subsidiary to focus on proprietary technologies addressing Defence capability gaps.
The company secured $6.5 million in new contracts, supporting the FY2027 revenue outlook.
Group revenue for the quarter was $2.2 million, with a cash operating loss of $0.9 million.
The company announced an $8.18 million Accelerated Renounceable Entitlement Offer, raising $5.2 million to date.

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.