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Scalare Partners Holdings Limited (ASX:SCP)

ALERT: Price-sensitive ASX Announcement for SCP
Current share price for SCP : $3.600 3.54 (5,900%)+
Announcement
Release
31 Jul 2026 8:40AM
Price at Release
$0.060
Full Release
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Summary
Scalare Partners Holdings Limited completed the acquisition of Fishburners, enhancing their position as Australia's leading founder ecosystem by significantly expanding their national footprint and founder network. For the quarter ended 30 June 2026, Scalare reported customer receipts of $5.29 million, a statutory operating cash flow of $2.71 million, and concluded with a cash balance of $1.82 million. The acquisition enables Scalare to attract more corporate partnerships and bolster recurring revenue opportunities. Despite lease-related accounting affecting cash flow figures, the net cash outflow was approximately $0.56 million. The company announced a $5 million convertible note facility to support ongoing growth and integrates Fishburners while aiming to grow recurring revenue streams.
Key Points
  • Scalare Partners Holdings Limited reported on activities for the quarter ended 30 June 2026.
  • Acquisition of Fishburners expanded Scalare's national footprint and founder network.
  • Customer receipts for the quarter were $5.29 million.
  • Statutory operating cash flow reported as $2.71 million.
  • Scalare ended the quarter with a cash balance of $1.82 million.
  • The acquisition increases Scalare's ability to attract corporate partners and generate recurring revenue.
  • Net cash outflow for the quarter was approximately $0.56 million.
  • Scalare announced a $5 million convertible note facility to strengthen the balance sheet.
  • The company aims to integrate Fishburners and grow recurring revenue.
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.