Vection Technologies Ltd (ASX:VR1)

ALERT: Price-sensitive ASX Announcement for VR1

Current share price for VR1 : $0.015 -0.006 (-28.57%)⁺

Announcement

Quarterly Activities/Appendix 4C Cash Flow Report

Release

28 Jul 2026 8:56AM

Price at Release

$0.021

Full Release

Summary

Vection Technologies Ltd, a company listed on the ASX under the code VR1, reported its first full year of positive operating cash flow for the financial year ending 30 June 2026. The company achieved $41.5 million in customer receipts, marking a 21.9% increase compared to the previous year. The positive cash flow was primarily driven by increased customer receipts and improved operational efficiency, despite stable operating payments. The year also saw significant commercial momentum with new orders and framework agreements totaling over $17 million, strengthening Vection's balance sheet with a year-end cash position of $9.6 million, the highest in its history. The company continues to focus on its INTEGRATEDXR® and AI-powered digital transformation solutions, underpinning its growth and profitability.

Key Points

First full year of positive operating cash flow.
Customer receipts increased by 21.9% to $41.5 million.
Significant commercial momentum with new orders and agreements over $17 million.
Year-end cash position was $9.6 million, the strongest in company history.
Focus on INTEGRATEDXR® and AI-powered digital transformation solutions.
Positive cash flow driven by increased receipts and operational efficiency.
Stable operating payments despite revenue growth.
Improved cash-to-cost ratio.
Net financing activities included a capital raise and debt repayment.
Continued investment in R&D and intellectual property.

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.