InvestSMART

Spectur Limited (ASX:SP3)

ALERT: Price-sensitive ASX Announcement for SP3
Current share price for SP3 : $0.010 -0.002 (-16.67%)+
Announcement
Release
31 Jul 2026 8:19AM
Price at Release
$0.012
Full Release
download
Summary
Spectur Limited reported a strong fourth quarter for FY26 with cash receipts from customers reaching $2.44M, marking a 36% increase from the prior quarter. Despite net operating cash outflow of $190K, one-off expenses related to software updates and legal fees impacted this figure. The completion of Tranche 1 of the technology modernisation program, including the launch of a new Customer Portal, signifies a major milestone. Key contract wins and ongoing trials with Telstra highlight the company's momentum. Legal proceedings against an ex-employee responsible for customer losses in Perth are underway. The company is focused on enhancing sales capacity and expects further revenue growth from its modernised technology offerings.
Key Points
  • Cash receipts from customers of $2.44M for Q4 FY26, up 36% from Q3 FY26.
  • Net operating cash outflow for Q4 was $190K, affected by $480K of one-off expenses.
  • Completion of Tranche 1 of technology modernisation program, including a new enterprise Customer Portal.
  • New contracts with Banana Shire Council and Mt Isa Regional Council.
  • Telstra Proof-of-Concept trial ongoing and additional Optus orders secured.
  • Legal action taken against an ex-employee for breaches leading to customer losses in Perth.
  • Strategic transformation resulting in revenue increase from existing customers.
  • Focus on expanding sales capacity and building recurring revenue.
  • Expected R&D loan advance of over $600K by the end of August.
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.