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Spectur Limited (ASX:SP3)

ALERT: Price-sensitive ASX Announcement for SP3
Current share price for SP3 : $0.012 -0.017 (-58.62%)+
Announcement
Release
30 Jan 2026 8:21AM
Price at Release
$0.029
Full Release
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Summary
Spectur Limited reported on its activities for the quarter ending December 31, 2025, noting a 4.5% revenue increase to $2.02 million from the previous quarter. The company raised $2.148 million through a share placement to support its Sense-Think-Act platform development. Despite a negative operating cash flow, key costs were reduced due to improved cost controls. Cash reserves stood at $2.446 million, and the company plans to enhance its AI capabilities. Challenges included increased competition in mobile security rentals and timing issues affecting cash flow. The company continues to focus on operational efficiency and long-term growth.
Key Points
  • Spectur Group revenue for Q2 FY26 was $2.02M, up 4.5% from Q1 FY26.
  • Quarterly cash receipts amounted to $1.914M.
  • A share placement raised $2.148M for advancing the Sense-Think-Act platform.
  • Cash reserves were $2.446M as of December 31, 2025.
  • Operating cash outflows improved by $250k to $2.174M compared to Q1 FY26.
  • Product manufacturing costs decreased due to SKU optimizations.
  • Staff costs increased due to redundancy payments and payroll scheduling.
  • The company launched the SS7 dual-camera system to address market competition.
  • AI-focused initiatives included a 'Rock Fishing Safety' proof-of-concept.
  • Spectur plans to align superannuation payments with employee pay cycles ahead of regulatory changes.
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.