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Spenda Limited (ASX:SPX)

ALERT: Price-sensitive ASX Announcement for SPX
Current share price for SPX : $0.003 -0.001 (-16.67%)+
Announcement
Release
26 Feb 2026 5:34PM
Price at Release
$0.003
Full Release
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Summary
The half-yearly report for Spenda Limited, an Australian IT and financial services company, covers the financial performance and position for the period ending 31 December 2025. The company, which operates under the SaaS & Payments and Lending segments, reported a loss after tax of AUD 6.04 million, compared to a AUD 9.39 million loss in the corresponding period in 2024. Revenue decreased to AUD 4.19 million from AUD 4.92 million in the previous period. Notable changes include a decrease in cash and cash equivalents, a reevaluation of contract liabilities, and a reduction in reserves. The report highlights substantial losses in shareholder equity, impacted by accumulated losses despite an increase in issued capital. The company also re-assessed the carrying value of intangible assets and goodwill, concluding no further impairments were necessary. The focus remains on managing costs and optimizing resource allocation to improve financial stability.
Key Points
  • Spenda Limited reported a loss after tax of AUD 6.04 million for the half-year ended 31 December 2025.
  • Revenue for the period decreased to AUD 4.19 million from AUD 4.92 million in the previous year.
  • The company experienced a decrease in cash and cash equivalents and a re-evaluation of contract liabilities.
  • Issued capital increased but was offset by accumulated losses, impacting shareholder equity.
  • No new impairments were identified in the review of intangible assets and goodwill.
  • The report covers operations under SaaS & Payments and Lending segments.
  • Focus remains on managing costs and resource allocation for improved financial stability.
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.