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Saferoads Holdings Limited (ASX:SRH)

ALERT: Price-sensitive ASX Announcement for SRH
Current share price for SRH : $0.097 0.007 (7.78%)+
Announcement
Release
24 Apr 2026 11:44AM
Price at Release
$0.090
Full Release
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Summary
The March 2026 quarterly report for Saferoads Holdings Limited indicates a stable financial performance with total sales at $2,911k, slightly down from the previous quarter due to seasonal factors. Sales to On-site Rentals (OSR) were strong at $1,179k, contributing to a year-to-date total of $4,836k. Despite challenges such as increased costs of oil-based products, the company reported a positive operating cash flow of $79k and an unaudited profit of $62k for the quarter. Product improvement initiatives are ongoing, enhancing the company's market capability. Overall, Saferoads Holdings Limited is on a positive trajectory, with sales to OSR surpassing initial commitments.
Key Points
  • Total sales for the third quarter were $2,911k, slightly lower than the previous quarter due to the Christmas closedown.
  • Sales to On-site Rentals (OSR) were $1,179k, making the total sales to them $4,836k for the nine months.
  • Operating cash flow for the quarter was positive at $79k.
  • Unaudited profit for the quarter was $62k, resulting in a year-to-date profit of $566k.
  • Sales to OSR are $2 million ahead of their original commitment.
  • Continued product improvement initiatives include cyclone C rated portable solar lights and the 1.5 meter Rapid Stop pedestrian barrier.
  • Challenges remain due to increases in the cost of oil-based products and efforts to gain further market share.
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.