InvestSMART

iCetana Limited (ASX:ICE)

ALERT: Price-sensitive ASX Announcement for ICE
Current share price for ICE : $0.048 0.015 (45.45%)+
Release
30 Jul 2026 6:25PM
Price at Release
$0.033
Full Release
download
Summary
iCetana Limited's Quarterly Activities Report for the period ending 30 June 2026 highlights significant revenue growth and strategic advancements. The company, which specializes in self-learning AI software for surveillance networks, reported an annual recurring revenue (ARR) of $2.6 million, marking a 33% increase year-on-year. Total revenue for the quarter was $648,000, up 37% from the previous year. Key achievements included the first commercial deployment of the Antara Core AI platform and the signing of a fifth regional distribution agreement with SoftBank Robotics covering North America. The company demonstrated notable progress in product development, improving AI detection capabilities and enhancing system performance. Despite a net operating cash outflow of $134,000, the company remains financially robust with a cash balance of $4.8 million. The report also noted strategic expansions in Japan and successful marketing initiatives in Malaysia, indicating a strong global market presence.
Key Points
  • Annual recurring revenue (ARR) increased to $2.6 million, up 33% YoY.
  • Total quarterly revenue was $648,000, up 37% YoY.
  • First commercial deployment of Antara Core AI platform.
  • Signed fifth regional distribution agreement with SoftBank Robotics for North America.
  • Improved AI detection capabilities and system performance.
  • Net operating cash outflow of $134,000; cash balance of $4.8 million.
  • Expansions in Japan and successful marketing initiatives in Malaysia.
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.