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Spenda Limited (ASX:SPX)

ALERT: Price-sensitive ASX Announcement for SPX
Current share price for SPX : $0.003 -0.004 (-57.14%)+
Announcement
Release
29 Aug 2025 5:10PM
Price at Release
$0.007
Full Release
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Summary
Spenda Limited's Preliminary Final Report for the financial year ended 30 June 2025, details the company's significant financial changes and strategic acquisitions. The company reported a substantial increase in revenues from ordinary activities, doubling from the previous year, but also incurred a considerable net loss. This loss was attributed to increased operating expenses and impairments, despite a significant revenue boost from its SaaS and Payments segment. Spenda acquired Limepay Pty Ltd, enhancing its payments infrastructure, and recorded a goodwill of $1.5 million from this acquisition. The report highlights important financial metrics such as net tangible assets, equity changes, and cash flows. Spenda did not declare dividends and emphasized reliance on debt and equity funding for ongoing operations.
Key Points
  • Revenues from ordinary activities increased by 106% to $11,083,812.
  • Net loss for the year was reported at $24,309,737.
  • Spenda acquired Limepay Pty Ltd, contributing to a goodwill of $1,548,113.
  • The company operates mainly in SaaS and Payments segments.
  • Spenda issued new shares and options as part of its capital strategy.
  • No dividends were paid or declared for the financial year.
  • The report is prepared in accordance with Australian Accounting Standards.
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.