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Spectur Limited (ASX:SP3)

ALERT: Price-sensitive ASX Announcement for SP3
Current share price for SP3 : $0.009 -0.009 (-50%)+
Announcement
Release
30 Apr 2026 8:12AM
Price at Release
$0.018
Full Release
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Summary
Spectur Limited reported its Quarterly Activities for the period ending 31 March 2026. The company experienced a 6.5% decrease in revenue quarter-on-quarter and 15.5% year-on-year, primarily due to competitive pressures in the Western Australia construction rental market. In response, Spectur implemented a strategic shift focusing on pricing realignment and product segmentation, achieving a 47% recovery in rental market share. The company is transitioning towards high-quality, enterprise-aligned revenue streams, supported by investments in its Sense-Think-Act platform. Despite a net cash outflow of $674K, Spectur maintained a cash balance of $1.77M, ensuring sufficient flexibility for continued strategic investments. The quarter also saw advancements in key growth verticals, including a successful Proof-of-Concept trial with Telstra and continued engagements in critical infrastructure applications.
Key Points
  • Spectur's Q3 FY26 revenue was $1.89M, down 6.5% QoQ and 15.5% YoY.
  • A targeted 'fightback strategy' led to a ~47% recovery of lost rental market share.
  • Company's focus is on reducing reliance on commoditised rental revenue.
  • Investments in the Sense-Think-Act platform amounted to ~$300K this quarter.
  • Net operating cashflow was $(290K), with a closing cash balance of $1.77M.
  • Successful Proof-of-Concept trial with Telstra.
  • Strategic alignment towards high-quality, enterprise-aligned revenue streams.
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.