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Knosys Limited (ASX:KNO)

ALERT: Price-sensitive ASX Announcement for KNO
Current share price for KNO : $0.025 0.006 (31.58%)+
Announcement
Release
29 Apr 2026 2:53PM
Price at Release
$0.019
Full Release
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Summary
Knosys Limited's Q3 FY26 activity report highlights a strategic shift towards commercializing their enhanced Libero library management solution, with a focus on entering the US library software market, valued at $1.2 billion. The company's financials show cash receipts of $2.7 million, a decrease attributed to GreenOrbit customer attrition, and a stable cash balance of $1.8 million as of 31 March 2026. Operating cash flow was breakeven following a cost structure reduction, particularly in staff and R&D expenses. Their Annual Recurring Revenue stands at $9.3 million. The report also includes the Appendix 4C cash flow statement, detailing payments for R&D, staff, and corporate costs, with minimal net cash outflow of $12k, and notes on AI-driven innovations in their solutions.
Key Points
  • Quarterly cash receipts of $2.7 million, down 14.2% due to timing differences.
  • Annual Recurring Revenue (ARR) of $9.3 million.
  • Operating cash flow breakeven achieved.
  • Focus on commercializing Libero library management solution.
  • AI-driven innovations in library solutions.
  • Cash balance of $1.8 million as of 31 March 2026.
  • Preparing for global launch of Libero in FY27, starting in the US.
  • GreenOrbit customer migration to Oak Engage platform.
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.