Quarterly Activities Report
| Stock | Icetana Ltd (ICE.ASX) |
|---|---|
| Release Time | 25 Jul 2025, 8:17 a.m. |
| Price Sensitive | Yes |
icetana AI reports strong Q4 FY25 results
- Successful $3.6m strategic partnership with SoftBank Robotics Group
- Strongest quarterly ARR growth in over 4 years, up 10% QoQ
- Total quarterly revenue of $490k, up 13% QoQ
icetana AI, a company building self-learning security AI software for large-scale surveillance networks, has released its activities report and Appendix 4C for the quarter ended 30 June 2025 (Q4 FY25). The company reported its strongest quarter of growth in over four years, marked by a 10% increase in annual recurring revenue (ARR) to $1.9 million. This was driven by customer renewals and new customer orders, reflecting the hard work and dedication of the icetana AI team. The company also signed a transformational $3.6 million strategic partnership with SoftBank Robotics Group, which significantly broadens its global growth opportunities. During the quarter, icetana AI generated $490,000 in total revenue, up 13% quarter-on-quarter and 4% year-on-year. The company received $1.25 million in cash from customers, up 605% quarter-on-quarter but down 5% year-on-year. Key highlights include the successful deployment of a $465,000 three-year contract with 1 Utama, the largest shopping mall in Malaysia, and the receipt of a $54,000 purchase order co-funded by the Singapore government's Company Training Committee Grant. The company also made progress in the Japanese market through its local partner Macnica, including renewals of existing contracts and new subscription sales. The development of the Triage Agent, a new product to help security teams process events offline and locally triage them, continued during the quarter. At the end of Q4 FY25, icetana AI had a cash balance of $3.9 million, up from $2.2 million in the previous quarter.
With momentum building across both its strategic and go-to-market initiatives, icetana AI believes it is exceptionally well-positioned for the future, a sentiment increasingly reflected in the growing awareness of the company in the market, with its share price rising six-fold over the past month.