Quarterly Activities Report and Appendix 4C

Open PDF
Stock Whitehawk Ltd (WHK.ASX)
Release Time 30 Apr 2025, 8:10 a.m.
Price Sensitive Yes
 WhiteHawk Reports Q1 2025 Activities and Cash Flow
Key Points
  • Invoiced US$382K in Q1 2025
  • Secured key US$920M federal government contract
  • Awarded US$92K city-wide cyber risk radar contract
Full Summary

WhiteHawk Limited (ASX:WHK), the global online cyber security exchange, provided an update on its progress for the first quarter of 2025. The company invoiced US$382K in the first quarter and had US$207K in receivables as of 31 March 2025. Key highlights include the renewal of a 2-year, US$2.4M contract with a global social media company, securing a key cyber sub-contract position on a US$920M U.S. federal government contract vehicle, and being awarded a US$92K city-wide cyber risk radar contract with the City of Atlanta. WhiteHawk also secured several other new contracts, including a US$97K cyber risk program contract for digital risk services to sporting events, a US$66K OSINT-PAI contract with Norwich University, and a US$42K cyber risk program contract renewal with Georgetown University. The company continues to develop its pipeline of opportunities with U.S. federal, state, and local government agencies, including responding to RFPs and applying to open contract vehicles.

Outlook

WhiteHawk has been selected as the core cyber partner on the GSA SCRIPTS BPA, a government-wide contract vehicle that enables any U.S. federal agency to rapidly acquire advanced supply chain risk management tools and services. The company is also responding to RFPs from the State of Ohio and the U.S. Defense Advanced Research Projects Agency, and applying to the Office of the Secretary of Defense CDAO Tradewinds Program.