InvestSMART

Zimi Limited (ASX:ZMM)

ALERT: Price-sensitive ASX Announcement for ZMM
Current share price for ZMM : $0.004 -0.001 (-20%)+
Announcement
Release
30 Apr 2026 9:40AM
Price at Release
$0.005
Full Release
download
Summary
Zimi Limited, an Australian IoT technology company, reported a successful quarter ending March 31, 2026, highlighted by significant operational achievements and financial performance. The company secured a major project order with Homecorp for Cienna Apartments and noted substantial decreases in operating costs. It reported invoiced revenue of $170,000 for the quarter, marking a 14% increase year-on-year, and customer receipts of $454,000, representing a 64% increase from the previous year. Zimi also launched the 'Ask Zimi' AI Agent to enhance customer service and entered a trading halt pending a capital raise announcement. The company continued to engage in strategic initiatives like attending the CSA Member Meeting in Japan.
Key Points
  • Major Project Order Secured with Homecorp for Cienna Apartments
  • Substantial decrease in operating costs across staff, administration, and leases
  • Launch of 'Ask Zimi' AI Agent for Sales and Support
  • Invoiced revenue of $170,000 in March 2026 quarter, 14% year-on-year growth
  • Customer receipts totalled $454,000, a 64% increase from last year
  • Purchase orders totalling $597,000 yet to be fulfilled
  • Company entered trading halt pending a capital raise announcement
  • Engineering team attended CSA Member Meeting in Japan
  • 'Ask Zimi' AI platform launched to improve customer support
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.