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Motio Ltd (ASX:MXO)

ALERT: Price-sensitive ASX Announcement for MXO
Current share price for MXO : $0.054 0.002 (3.85%)+
Announcement
Release
19 Feb 2026 2:05PM
Price at Release
$0.052
Full Release
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Summary
Motio Ltd reported its interim results for the first half of the 2026 financial year, highlighting key financial achievements and strategic decisions. The company experienced a 2.9% revenue growth, excluding the discontinued Motio Go network, and a significant 39% increase in Cash EBITDA to $1,210,899. The period marked Motio's first-ever Net Profit After Tax (NPAT) of $793,231, compared to a loss in the previous year. A pivotal capital raise allowed the repayment of vendor finance debt, strengthening the balance sheet with $4 million net cash and enabling expansion plans, particularly in the Health sector. The leadership team was bolstered with new strategic appointments to drive scalability and growth. With a positive outlook for the second half of FY26, Motio remains committed to profitable growth and increasing shareholder value.
Key Points
  • H1 Revenue (ex Go) +2.9% $4,253,869
  • H1 CASH EBITDA increased by 39% to $1,210,899
  • Maiden NPAT of $793,231
  • Removal of Motio Go network impacted year-on-year revenue comparison
  • Successful capital raise and debt repayment
  • Expansion into the Health sector with plans for 175 new locations by June 2026
  • Strengthened leadership team with new COO and National Sales Director
  • Focus on sustainable growth and profitability
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.