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identitii Limited (ASX:ID8)

ALERT: Price-sensitive ASX Announcement for ID8
Current share price for ID8 : $0.004 -0.002 (-33.33%)+
Announcement
Release
30 Jan 2026 12:59PM
Price at Release
$0.006
Full Release
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Summary
Identitii Limited (ASX:ID8) released its Appendix 4C cash flow report for the quarter ending 31 December 2025. The company reported strong commercial momentum, signing five new customer contracts valued at $250k, with $220k as annual recurring revenue. BNDRY platform usage increased four-fold, supported by partnerships, notably with Cherryhub. Financially, the company faced cash flow challenges, closing the quarter with $155k in cash. It launched a Rights Issue to raise $2.9 million, partially underwritten by its largest shareholder, to maintain operations and fund growth. Identitii projects continuity and growth, leveraging its BNDRY platform and expects to receive an R&D rebate soon to alleviate cash flow pressure.
Key Points
  • Five new customer contracts signed totaling $250k.
  • BNDRY platform usage increased four-fold.
  • Receipts from customers were $122k for Q2 FY26.
  • Ended the quarter with a cash balance of $155k.
  • Launched a $2.9m Rights Issue partially underwritten.
  • Expecting R&D rebate from the ATO to improve cash flow.
  • Partnership with Cherryhub aiding customer acquisition.
  • Rights Issue subject to Takeovers Panel approval.
  • Focus on disciplined execution and platform development.
  • Anticipates ongoing support from shareholders.
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.