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Peppermint Innovation Limited (ASX:PIL)

ALERT: Price-sensitive ASX Announcement for PIL
Current share price for PIL : $0.004 -0.001 (-11.11%)+
Announcement
Release
30 Oct 2025 12:36PM
Price at Release
$0.005
Full Release
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Summary
Peppermint Innovation Limited (PIL) has announced a strategic refocus on scaling its digital wallet and payments operations. During the quarter ending 30 September 2025, the company achieved significant milestones including the launch of InstaPay and QR Ph, enhancing their payment system's interoperability. They have obtained a Merchant Acquisition Licence from the Bangko Sentral ng Pilipinas, allowing them to support merchants accepting digital payments. The company also saw a 17% increase in registered users on their Pinoy Coop Mobile platform and a 40% increase in transaction value since June. Financially, the company reported a net cash usage in operating activities amounting to $429,000. Peppermint has extended their reach with partnerships, further enhancing their network to over 12,000 cash-in and bill-payment touchpoints nationwide. Post-quarter events included a live investor briefing and the release of an updated investor presentation.
Key Points
  • Strategic refocus on scaling digital wallet and payments operations.
  • Launch of InstaPay and QR Ph for enhanced interoperability.
  • Merchant Acquisition Licence obtained from Bangko Sentral ng Pilipinas.
  • 17% increase in Pinoy Coop Mobile platform registered users.
  • 40% increase in transaction value since June.
  • Net cash used in operating activities: $429,000.
  • Expanded network to over 12,000 cash-in and bill-payment touchpoints.
  • Conducted live investor briefing and updated investor presentation.
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.