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Spenda Limited (ASX:SPX)

ALERT: Price-sensitive ASX Announcement for SPX
Current share price for SPX : $0.003 0 (0%)+
Announcement
Release
22 Jul 2026 9:36AM
Price at Release
$0.003
Full Release
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Summary
Spenda Limited (ASX: SPX) has announced that its estimated R&D tax offset for the financial year 2026 (FY26) is expected to exceed $1.75 million. This estimate is preliminary and unaudited, pending completion and lodgement of the FY26 R&D Tax Incentive registration and the Company’s Income Tax Returns. The company, under the leadership of Non-Executive Chairman Niv Dagan, has focused on reaching a cash-flow neutral position by reducing operational costs, increasing merchant fees, and exploring the divestment of non-core assets. With a market capitalization of approximately $4 million AUD, the anticipated cash injection from the R&D tax offset will bolster the company’s balance sheet. This announcement has been authorized by the Board of Directors of Spenda Limited.
Key Points
  • Spenda FY26 R&D tax offset estimate to exceed $1.75 million.
  • Preliminary and unaudited estimate subject to FY26 R&D registration and Income Tax Returns.
  • Focus on cash-flow neutrality by reducing operational costs and increasing merchant fees.
  • Exploring divestment of non-core assets to strengthen financial position.
  • Market capitalization approximately $4 million AUD.
  • Expected cash injection to strengthen the balance sheet.
  • Announcement authorized by the Board of Directors.
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.