InvestSMART

Scalare Partners Holdings Limited (ASX:SCP)

ALERT: Price-sensitive ASX Announcement for SCP
Current share price for SCP : $0.060 -0.021 (-25.93%)+
Announcement
Release
30 Oct 2025 8:32AM
Price at Release
$0.081
Full Release
download
Summary
Scalare Partners Holdings Limited announced the completion of two strategic acquisitions, Tank Stream Labs and Planet Startup, which are already contributing significant revenue growth. The company successfully completed a $3.09 million capital raise to fund the Tank Stream Labs acquisition. As of 30 September 2025, Scalare's cash balance was $1.25 million. The quarterly activities report showed a net operating cash outflow of $1.521 million, with investing activities having a negative cash flow of $2.401 million, while financing activities contributed a positive cash flow of $3.294 million. Scalare anticipates improvements in operating cash flows due to these acquisitions and is actively exploring additional funding options.
Key Points
  • Scalare Partners completed acquisitions of Tank Stream Labs and Planet Startup.
  • The acquisitions are generating significant revenue growth.
  • A $3.09 million share placement was completed to fund the Tank Stream Labs acquisition.
  • The cash balance as of 30 September 2025 was $1.25 million.
  • Net cash from operating activities was negative $1.521 million for the quarter.
  • Net cash from investing activities was negative $2.401 million for the quarter.
  • Net cash from financing activities was positive $3.294 million for the quarter.
  • Scalare expects improved cash flows due to the recent acquisitions.
  • Related party payments amounted to $100,642 during the 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.