• Cash receipts from customers up 39% YoY and 20% QoQ
• Net cash used in operating activities down 62% YoY
• Equity raise of $280k completed during the quarter
• Expanded partnerships with MYOB, Aquarsolium, and The Noledge Group

Simble Solutions Limited (ASX:SIS), an energy and sustainability software company, has reported its Quarterly Cash Flow Report (Appendix 4C) and Quarterly Activities Report for the quarter ended 31 March 2025 (Q1 FY25). Key highlights include:- Cash receipts from customers increased by 39% compared to the previous corresponding period and 20% compared to the prior quarter, in line with recurring trends related to the timing of ongoing software renewals.- Net Cash Used in Operating Activities decreased by 62% compared to the previous corresponding period.- The company completed an equity raise of $280k (before costs) during the quarter, with funds received at a 75% premium to the closing price on 30 January 2025.- Simble's cash balance as of 31 March 2025 was $428k, representing 2.5x Estimated Quarters of Funding Available.- The company announced several new partnerships and business developments, including the integration of its CarbonView app with MYOB Acumatica, a partnership with Aquarsolium to deliver smart water metering solutions, and a new agreement with The Noledge Group to deliver Simble's platforms to Sage and Netsuite customers in Ireland and the UK.- Simble also provided an update on its renewable energy development strategy, including a strategic cooperation and lease agreement for the Gladstone Green Industry Park and a proof-of-concept project to validate key clean energy technologies.Overall, Simble has reported a strong quarter with continued growth in customer receipts, improved operating cash flow, and the completion of a successful equity raise to support its ongoing business and renewable energy development initiatives.

Simble did not provide any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Simble did not provide a specific outlook statement in the announcement, but the company highlighted its ongoing business and renewable energy development initiatives, including the Gladstone Green Industry Park and proof-of-concept project, which are expected to contribute to the company's future growth and performance.