InvestSMART

RemSense Technologies Limited (ASX:REM)

ALERT: Price-sensitive ASX Announcement for REM
Current share price for REM : $0.035 -0.015 (-30%)+
Announcement
Release
26 Feb 2026 8:18AM
Price at Release
$0.050
Full Release
download
Summary
The interim financial report for RemSense Technologies Limited for the half-year ended 31 December 2025 reveals various financial dynamics within the company. The report highlights a shift in equity with share capital increasing to $9,589,775, attributed to contributions and share-based payments. The company declared a loss after tax of $140,636, marking a decrease from the previous year's profit. Cash flow analysis shows operating activities resulted in a net outflow of $692,005, while investing activities also saw net cash used of $154,753. The company received $750,600 from a share issue, although costs related to capital raising deducted $155,187. RemSense's intangible assets, particularly those under development, increased, with a notable investment in virtualplant software and development. No significant credit risks were identified for trade receivables, and property, plant, and equipment valuation increased due to new additions. Share-based payments continue to play a substantial role, with options and performance rights being issued and vested.
Key Points
  • Consolidated statement shows a loss after tax of $140,636.
  • Share capital increased through new equity contributions.
  • Operating activities led to a net cash outflow of $692,005.
  • Intangible assets, including virtualplant software, saw significant investment.
  • No provision for expected credit losses was recognized.
  • Increase in property, plant, and equipment due to new additions.
  • Share-based payments include numerous options and performance rights.
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.