• Consolidated revenue of $2.117m, up 9% YoY
• Recurring revenue of $1.514m, up 11% YoY
• Reduced operating costs, moving towards profitability
• Strong sales pipeline and customer traction

Spectur Limited (ASX:SP3) has reported its quarterly activities for the period ended 31 March 2025 (Q3 FY25). The company's consolidated revenue for the quarter was $2.117m, slightly down on the prior quarter but up 9% compared to the same period last year. Recurring revenue for Q3 FY25 was $1.514m, down 4% on the prior quarter but up 11% year-on-year. The company has successfully reduced key operating expenses, including staff costs, marketing costs, and interest/financial costs, as it transitions to a more sustainable, profitable model. Despite a negative cash flow from operating activities during the quarter, the company's consolidated cash balance at the end of Q3 FY25 was $875k. Spectur's CEO, Anthony Schmidt, highlighted the company's transition to a more scalable operating model, with the majority of hardware evolution complete and established customers generating significant repeat business. The company continues to see strong sales performance, with total sales reaching $940k in March, and a growing non-weighted sales pipeline now at $6.2m. Spectur has also strengthened its national sales footprint and launched a new dual-camera, low-cost rental solution to address emerging market needs.

The company expects to see continued growth in revenue and recurring revenue in FY25, with the full benefits of its cost-reduction initiatives to be realised in Q4 FY25.

Spectur is on a clear path toward consistent profitability, with a lower cost base, improving operational performance, and strong recurring revenue. The company will continue to make disciplined investments within its existing resources and cash flows to position itself for scalable profitable growth.