• Revenue up 107% to $3.4M, with improved gross margins of 71.9%
• Net loss reduced by 67% to $771K, driven by cost control and operational efficiencies
• Positive cash flow and EBITDA achieved, highlighting scalability of business model

Remsense delivered a year of significant operational progress, underpinned by strong project execution, expanding client adoption of virtualplant, and a return to positive cashflow across multiple quarters. The Company successfully achieved its first underlying cash EBITDA of $574k in FY2025, reflecting disciplined execution, improved margins, and effective cost management. Across 2025, customer receipts strengthened considerably, with Q1 delivering $1.13m, Q2 achieving a 78% quarter-on-quarter increase to $1.18m, and Q3 reaching $1.403m in receipts. While Q4 receipts moderated to $255k due to project timing, the Company closed the year with $3,435,517 in revenue, up 106.54% from the prior year. The Group achieved a gross margin of 71.92%, an improvement from 63.96% in the prior year, attributed to cost control measures and improved operational efficiencies. The Group's net loss of $771,459 is a 66.55% reduction from the loss of $2,306,165 in the prior year, due to improved gross margins and strategic reductions in operating expenses. RemSense executed a diverse portfolio of projects across Australia, Southeast Asia, and North America, and advanced virtualplant's capabilities significantly during the year. The Company strengthened its leadership and governance to support growth, and exits FY2025 with a strong pipeline of high-value opportunities.

The Company anticipates the independent audit report may include a material uncertainty related to going concern, based upon the cash balance at year end and operational cash requirements. The Directors believe there are reasonable grounds the Group will be able to continue as a going concern, after considering factors such as a recent capital raising, access to capital markets, and the ability of the Directors and management to continue managing cash flows and reserves.