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Norwood Systems Limited (ASX:NOR)

ALERT: Price-sensitive ASX Announcement for NOR
Current share price for NOR : $0.014 0.001 (7.69%)+
Announcement
Release
22 Jan 2026 9:25AM
Price at Release
$0.013
Full Release
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Summary
Norwood Systems Limited reported a record preliminary unaudited revenue of $2.1 million for the first half of the financial year 2026, ending 31 December 2025. The company made significant progress in its operations, including the completion of a key project milestone with Optus for its CogVoice™ Voicemail service and a successful proof-of-concept for OpenSpan™ Call Protect with a Tier-1 APAC operator. Norwood continued to focus on its global telco strategy by advancing its pipeline across North America, EMEA, and APAC. During the quarter, they completed a $650,000 share placement to support growth and managed a revolving line-of-credit facility to ensure liquidity. The company invested heavily in research and development, with a net operating cash outflow of $343,000 for the quarter, and closed with $38,000 cash at hand. Future cash inflows are expected from recent project completions and a forecasted drawdown from an R&D loan facility.
Key Points
  • Record preliminary unaudited revenue of $2.1 million for H1 FY2026.
  • Completion of Optus CogVoice™ Voicemail milestone and payment.
  • Successful OpenSpan™ Call Protect POC with Tier-1 APAC operator.
  • Strong focus on Tier-1 global telco pipeline across multiple regions.
  • Continued investment in R&D and product development.
  • Completed $650,000 share placement to support growth.
  • Net operating cash outflow of $343,000 for the quarter.
  • Closing cash balance of $38,000 at the end of the quarter.
  • Expected future cash inflows from project completions and R&D loan facility.
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.