MXO.ASX: Upgrade to Guidance for FY25

Upgrade to Guidance for FY25

Stock	Motio Ltd (MXO.ASX)
Release Time	5 May 2025, 8:28 a.m.
Price Sensitive	Yes

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Motio Ltd Upgrades FY25 Guidance

Key Points

Revenue upgraded from $8.4-$8.8M+ to $8.5 to $8.9M
Cash EBITDA target upgraded from $1.2M+ to $1.35M+
Cash in bank $2.6M
Net amount owed to OML ($1.06M)

Full Summary

Motio Limited (ASX:MXO) has provided an upgrade to its guidance for the 2025 financial year (FY25). The company made a commitment to provide shareholders an update post the April trading period, after the Easter and Anzac day break and the impending Federal election. On behalf of the Motio Board, CEO and Managing Director Adam Cadwallader is pleased to announce the following upgrades:- Revenue upgraded from $8.4-$8.8M+ to $8.5 to $8.9M- Cash EBITDA Target upgraded from $1.2M+ to $1.35M+ (inclusive of rent expenses)- Cash in bank $2.6M- Net amount owed to OML ($1.06M)The CEO has encouraged shareholders to reach out with any questions or queries, stating that the team continues to work conscientiously and that it is pleasing to provide positive communication to current and potential shareholders.

Guidance

Revenue: $8.5 to $8.9M (FY25) Cash EBITDA: $1.35M+ (FY25)