Appendix 4E, Financial Statements and Annual Report
Stock | Connexion Mobility Ltd (CXZ.ASX) |
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Release Time | 15 Aug 2025, 11:58 a.m. |
Price Sensitive | Yes |
Connexion Mobility Ltd Reports FY25 Results
- Revenues from ordinary activities increased by 14% to $11.2m
- Net Profit Before Tax increased by 19% to $3.2m
- Consolidated net assets grew by 19% to $7.5m
Connexion Mobility Ltd continued to provide its Software as a Service (SaaS) solutions, the OnTRAC and Connexion platforms, to various automotive original equipment manufacturers (OEMs) in the US, to manage their Courtesy Transportation Program and related mobility needs. The company's overarching strategy is to build economic value through its 'Embed, Integrate, Generate' operating model, as well as strategic value by commercializing its OEM and Dealership Networks. Operationally, the company achieved significant team expansion, feature enhancements to its core platforms, UX improvements to the Connexion Marketplace, and the execution of a commercial partnership for digital license & insurance verification, among other accomplishments. Financially, Connexion delivered sound operating profitability throughout the period, with a Net Profit Before Tax of $3.2m in FY25, up from $2.7m in FY24. Total revenues from ordinary activities increased by 14% to $11.2m, and consolidated net assets grew by 19% to $7.5m. The company continued to execute its on-market share buyback program, repurchasing 83,709,665 Connexion ordinary shares at an average price of A$0.0264/share.
Connexion Mobility Ltd reported a Net Profit Before Tax of $3.2m in the financial year ended 30 June 2025, up from $2.7m in the prior year.