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Saferoads Holdings Limited (ASX:SRH)

ALERT: Price-sensitive ASX Announcement for SRH
Current share price for SRH : $0.096 0.009 (10.34%)+
Announcement
Release
30 Jul 2026 8:39AM
Price at Release
$0.087
Full Release
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Summary
Saferoads Holdings Limited reported encouraging sales for the June 2026 quarter, with total sales of $2,736k, though down $172k from the previous quarter. Notably, sales to customers other than On-Site Rentals increased by 40%, indicating a successful market share recapture strategy. The purchase of Road Safety Rentals by On-Site Rentals in May 2025 led to $342k in sales for the quarter. Despite spending $240k to increase inventory levels, the company maintained healthy cash reserves of $2.521 million. The acquisition of Chameleon trailer designs for $400,000 was completed, and Saferoads plans to manufacture and market these products in Australia. The company's cash flow from operations was $217k, while net cash used in investing and financing activities resulted in a cash and cash equivalents balance of $2,521k at quarter's end.
Key Points
  • Total sales for the quarter were $2,736k, down $172k from the previous quarter.
  • Sales to non-On-Site Rentals customers increased by 40%.
  • On-Site Rentals purchased Road Safety Rentals, contributing $342k in sales this quarter.
  • Cash reserves were maintained at $2.521 million.
  • Chameleon trailer designs were acquired for $400,000.
  • Net cash flow from operations was $217k.
  • The company plans to introduce the Chameleon trailer range at the National 4x4 Outdoors Show in Melbourne in August.
  • Cash and cash equivalents at the end of the period stood at $2,521k.
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.