• Corrected Consolidated Statement of Cashflows in Annual Report
• No further changes made to the updated Annual Report
• Recurring revenue at 87% of total revenue
• EBITDA growth of 108% to $0.35m
• Managed Services and Professional Services revenue grew

Hubify Limited ('Hubify' or the 'Company') has lodged an updated version of the Annual Report to Shareholders for FY25, correcting the Consolidated Statement of Cashflows on page 40 of the original report. No further changes have been made to the updated annual report.The company reported an EBITDA of $0.352 million, representing a 108% increase compared to the previous reporting period, and an increase in operating cash. This positive result was driven by a reduction in administration costs and a disciplined focus on generating profitable revenue. While total revenue declined by 9% to $17.9 million compared to the prior year, this was a strategic outcome of prioritising sustainable profitability. Importantly, the company successfully onboarded 31 new customers, contributing $1.95M in annualised contracted recurring revenue.Recurring revenue reached $15.5M, accounting for a strong 87% of total revenue. The closing cash balance was $2.8 million, when financial assets of $0.8 million in bank term deposits are included, reflecting an increase in cash year-on-year. The company remains debt-free, with zero bank debt.