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Platformo Ltd (ASX:PFM)

ALERT: Price-sensitive ASX Announcement for PFM
Current share price for PFM : $0.015 -0.016 (-51.61%)+
Announcement
Release
29 Jan 2026 11:45AM
Price at Release
$0.031
Full Release
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Summary
Platformo Ltd, through its subsidiary Biztrak Business Solutions, reported increased revenues and cash collections for the December 2025 quarter, returning to positive cash flow. Despite a 26% decline in revenue compared to the same quarter the previous year, Biztrak increased its cash collections to RM754k (AUD277k), resulting in a net cash outflow of AUD69k for the company. The company continued to implement cost controls and explore shareholder value opportunities. Biztrak's activities in the quarter included enhancements to their software products, participation in digital trade initiatives, and adjustments to services in response to government changes in e-invoicing mandates. Cash and cash equivalents stood at AUD1,089k by the end of the quarter.
Key Points
  • Platformo Ltd operates Biztrak Business Solutions, a software development and distribution business.
  • For the December 2025 quarter, Biztrak reported revenues of RM513k (AUD188k), an increase from the previous quarter.
  • Cash collections for Biztrak increased to RM754k (AUD277k), leading to positive cash flow for the quarter.
  • The company had a net cash outflow of AUD69k for the quarter.
  • Training and digital expansion initiatives maintained Biztrak's market momentum in Q4 2025.
  • Biztrak's e-invoicing services were impacted by changes in the Malaysian Government's e-invoicing mandate.
  • Biztrak joined Madani Digital Trade to enhance its digital strategy and market reach.
  • Product developments for Biztrak included updates to MSB Desktop Accounting Software and the launch of the Biztrak Online Inventory Module.
  • Expenditure for the quarter was AUD253k, mainly on Malaysian staff costs.
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.