• Revenue increased 7% to AUD 7.58 million
• Net loss of AUD 2.12 million, up from AUD 413,091 in prior period
• Cash balance of AUD 1.2 million, supported by capital raising and director loans

For the half-year ended 31 December 2024, Flexiroam Ltd reported total revenue of AUD 7,580,819, reflecting a 7% increase from AUD 7,051,180 in the previous corresponding period. The growth in revenue was primarily driven by improvements in the travel segment. Despite the increase in revenue, the Group reported a net loss of AUD 2,123,187, a significant decline compared to the previous period's net loss of AUD 413,091. The loss was influenced by higher cost of sales, increased selling and marketing expenses, and staff costs. The Group maintained a cash and cash equivalents balance of AUD 1,197,696 as of 31 December 2024, an improvement from AUD 461,121 as of 30 June 2024. This was supported by financing activities, including the successful capital raising of AUD 1,007,708 net of costs and additional loans from the directors amounting to AUD 1,500,000. Despite the reported losses, management remains focused on achieving positive operating cash flows in the coming quarters. Cost control measures, revenue diversification, and ongoing capital management initiatives are expected to help the Group improve financial stability.