Simble Solutions Reports 1H25 Financial Results
Key points
- Revenues down 21.3% to $599,012
- Loss after tax down 3.5% to $646,578
- Cash balance of $552,837 at 30 June 2025
Full summary
Simble Solutions Limited reported a 21.3% decrease in total revenues to $599,012 for the half-year ended 30 June 2025, compared to the prior corresponding period. Sales revenue decreased 26.2% to $559,492, while other income increased by 1,299.4% to $39,520. Revenues from continuing activities, which include energy intelligence and carbon reporting, decreased by 26.4% to $548,492. The loss for the Group after providing for income tax amounted to $646,578, down 3.5% from the previous corresponding period. Net cash used in operating activities decreased by 6.3% to $553,244. The cash balance at 30 June 2025 was $552,837, up from $322,666 as at 31 December 2024. The company undertook a strategic capital raise in June 2025 and announced a series of initiatives to grow its immediate revenues and strengthen its balance sheet. Simble Solutions is also actively building new resources and capabilities to establish itself as a renewable energy developer, with plans to commence consulting activities in relation to smaller renewable energy projects in the second half of 2025.
Guidance
The company did not provide any high-importance, price-sensitive forward-looking financial metrics.
Outlook
Simble Solutions is actively building new resources and capabilities to establish itself as a renewable energy developer, with plans to commence consulting activities in relation to smaller renewable energy projects in the second half of 2025.
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