RemSense Technologies Limited (ASX:REM)

ALERT: Price-sensitive ASX Announcement for REM

Current share price for REM : $0.033 -0.012 (-26.67%)⁺

Announcement

Q3 FY2026 Quarterly Activities and Cash Flow Report

Release

30 Apr 2026 8:14AM

Price at Release

$0.045

Full Release

Summary

RemSense Technologies Limited reported a positive cash flow of $444K in Q3 FY2026, primarily driven by strong customer receipts totaling $1.406M. The company has progressed in developing its Remote Digital Visual Inspection (RDVI) capabilities and participated in a significant A$6B subsea compression project. RemSense expanded its market presence across energy, resources, and new sectors, notably facilities management, while enhancing its virtualplant platform to improve operational efficiency. The company also advanced its ISO 27001 certification efforts to bolster cybersecurity. Strategic partnerships facilitated pipeline growth aimed at converting into long-term contracts, reinforcing RemSense's position as a leading provider of digital visualization solutions globally.

Key Points

Positive cash flow with $444K from operating activities.
Customer cash receipts amounted to $1.406M.
Development of Remote Digital Visual Inspection (RDVI) capabilities.
Involvement in a major A$6B subsea compression project.
Expansion into energy, resources, and facilities management sectors.
Enhancements to the virtualplant platform for better performance.
Pilot project with a global facilities management provider.
Advancements towards ISO 27001 cybersecurity certification.
Strategic partnerships and pipeline growth for long-term contracts.

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.