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Infocus Group Holdings Limited (ASX:IFG)
ALERT: Price-sensitive ASX Announcement for IFG
Current share price for IFG : $0.006 -0.005 (-45.45%)+
Announcement
Release
24 Apr 2026 5:43PM
Price at Release
$0.011
Full Release
Summary
InFocus Group Holdings Limited (ASX: IFG) reported its activities for the third quarter of FY2026, highlighting the launch of Codexa, a new sweepstakes casino platform by its InFocus Gaming Technologies unit. Codexa positions the company in the US iGaming technology market, with a dual-track commercialization strategy for white-label licensing and managed services. The company also announced a significant contract win for Prodigy9 in Thailand to modernize the national social security infrastructure, with discussions for further expansion underway. The quarterly cash flow report shows a net cash outflow from operating activities, driven by client mix shifts and discretionary R&D investment. InFocus continues to refine its operational structure to align with its strategic focus on enterprise engagements.
Key Points
- Launch of Codexa, a sweepstakes casino platform by InFocus Gaming Technologies.
- Codexa targets the US iGaming market with a dual-track commercialization strategy.
- Prodigy9 wins Thai government contract for social security infrastructure modernization.
- Net cash outflow in the quarter due to changes in revenue mix and R&D investment.
- Operational adjustments to focus on enterprise and institutional client engagements.
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.
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