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Knosys Limited (ASX:KNO)

ALERT: Price-sensitive ASX Announcement for KNO
Current share price for KNO : $0.025 0 (0%)+
Announcement
Release
29 Jan 2026 9:58AM
Price at Release
$0.025
Full Release
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Summary
In Q2 FY26, Knosys Limited reported a 6.6% increase in cash receipts to $1.7 million compared to the prior year, despite a net operating cash outflow of $1.45 million due to lower seasonal cash inflows and restructuring costs. The company's cash balance increased from $1.9 million at the end of December 2025 to $3.1 million by January 2026. Knosys signed an agency agreement with Oak Engage to upgrade intranet services for its Greenorbit customers without incurring development expenses. The company's focus remains on the development of its Libero X library management solution with a planned launch in FY27, alongside maintaining strong client retention with an ARR of $9.5 million. The company has reduced its fixed cost base through restructuring and expects to continue its operations effectively.
Key Points
  • Knosys reported cash receipts of $1.7 million for Q2 FY26, a 6.6% increase compared to the previous corresponding period.
  • Net operating cash outflow was $1.45 million in Q2 FY26 due to seasonally lower cash receipts.
  • Non-recurring restructuring and redundancy expenses were incurred in December 2025 to achieve cost savings.
  • The cash balance at the end of December 2025 was $1.9 million, which increased to $3.1 million by the end of January 2026.
  • The company signed an agency agreement with Oak Engage to introduce new intranet technology to its Greenorbit customers.
  • Knosys is focusing its development efforts on the next-generation Libero X library management solution, expected to launch in FY27.
  • There was a structurally lower fixed cost base due to operational restructuring.
  • Annual Recurring Revenue (ARR) stood at $9.5 million as of January 2026.
  • The company expects to continue its operations and meet business objectives despite low cash flows in the December 2025 quarter.
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.