• Turnaround to Profitability: Achieved positive Q4 EBITDA of $861k and NPAT of $159k
• Permanent CEO Appointed: Mr Jefrey Ong appointed as Group CEO and Executive Director
• Disciplined Cost Control: Group OPEX reduced by 48% quarter-on-quarter to $822k

Flexiroam Limited (ASX:FRX) has provided its quarterly activities update and Appendix 4C for the quarter ended 30th June 2025, demonstrating a significant turnaround in profitability and the successful execution of its strategic cost management program. The company achieved a positive Q4 EBITDA of $861k and Net Profit After Tax (NPAT) of $159k, a material improvement from the prior quarter. The Board has formally appointed Mr Jefrey Ong, Flexiroam's founder, as Group Chief Executive Officer and Executive Director, effective 1st August 2025, providing leadership stability and strong alignment with shareholders. The company also realised the full benefits of its restructuring program, with Group OPEX reduced by 48% quarter-on-quarter to $822k, laying a foundation for sustainable profitability. Flexiroam ended the quarter with a healthy net asset position of $2.5 million and a cash balance of $2.8 million as at the date of the announcement. The company's strategic priorities for the new financial year include deepening enterprise partnerships, leveraging AI for growth and efficiency, and scaling its platform-based revenue.

The company has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Having successfully established a stable and profitable operating foundation, Flexiroam enters FY26 with a clear focus on commercialisation and growth. The strategic priorities for the new financial year include deepening enterprise partnerships, leveraging AI for growth and efficiency, and scaling platform-based revenue to build upon the company's newly profitable base, accelerate revenue growth, and drive long-term shareholder value.