Quarterly Activities/Appendix 4C Cash Flow Report
| Stock | TZ Ltd (TZL.ASX) |
|---|---|
| Release Time | 30 Jul 2025, 2:04 p.m. |
| Price Sensitive | Yes |
TZ Ltd Quarterly Activities Report and Appendix 4C
- Third Microsoft order secured, totaling 390 units worth A$750,000
- Acquired Keyvision Holdings, with 29 new projects contracted in 6 months
- Major hardware refresh program commenced, expected to contribute >A$1.2 million in revenue
TZ Limited (ASX: TZL) released its Appendix 4C - Quarterly Cash Flow Report for the quarter ended 30 June 2025, along with an operational and strategic update for FY26. Key highlights include a third purchase order from Microsoft (via Wesco Anixter) for 390 units worth approximately A$750,000, with an additional 60 'spare' units requested. TZ also placed a bulk production order for 900 kits to meet Microsoft's short-term demand, valued at A$1.75 million. The acquisition of Keyvision Holdings Pty Ltd was completed during the quarter, with the Keyvision team contracting 29 new projects, including the renewal of 7 existing long-term agreements, representing over 100% growth in the managed site portfolio. In response to Microsoft's end-of-support for Windows10 in October 2025, TZ has commenced a major upgrade program across its installed base, expected to contribute over A$1.2 million in revenue. The company's FY25 revenue performance fell below internal expectations, solely due to the underperformance of the US business, which was impacted by the uncertainties of the US election and volatility of changes to import tariffs. However, approximately 50% of the FY2026 revenue budget is committed through the contracted backlog and confirmed new projects, including a tender for 7,500 racks at a major European bank, valued at around A$4.5 million. The company has established a base-case FY2026 revenue forecast of A$17 million, with Annualised Recurring Revenue (ARR) exceeding A$5.2 million.
The company has established a base-case FY2026 revenue forecast of A$17 million, with Annualised Recurring Revenue (ARR) exceeding A$5.2 million.
Management remains focused on execution discipline, deepening customer relationships, and scaling delivery capacity across high-growth sectors such as AI infrastructure, logistics automation, and smart buildings.