• Revenue up 6% to $8.7 million
• Loss decreased by 70% to $778,999
• Positive operating cash flow in Q4, $1.08m cash at year-end

Spectur Limited is pleased to announce its preliminary financial results for the year ended 30 June 2025. FY25 marked a year of tangible progress for Spectur as the business focused on becoming leaner, more efficient, and better positioned for sustainable growth. The Company undertook comprehensive restructuring, reducing headcount, consolidating properties, and lowering overheads. These initiatives created a leaner, more capital-efficient structure that allows resources to be focused on customer-facing activities and innovation. Importantly, the Company delivered positive operating cashflow in Q4, closing the year with $1.08m in cash, a materially stronger position than prior years. Spectur also advanced its technology strategy, continuing to strengthen its cloud and AI capabilities while complementing this with ongoing hardware innovation. Revenue performance was supported by strong performance in subscription renewals, with most 3 Crowns Technologies customers moving onto new three-year contracts. For FY25, Spectur reported consolidated revenue of $8.7 million, up 6% on FY24. Growth was driven by a 30% increase in subscription revenue to $2.5 million and a 6% lift in rentals to $2.4 million, reflecting stronger recurring income and the refresh of the fleet. Overall, subscriptions and rentals accounted for $4.9 million, or 56% of total revenue, underscoring the Company's transition to a more resilient, recurring revenue base.

Spectur enters FY26 with a stronger foundation, having reset its cost base, grown recurring revenue, and improved operating cashflow in FY25. The focus now is on the ongoing improvement in execution, driving efficiency through ongoing optimisation and digitisation of internal systems, maintaining disciplined cost management, and developing its capacity to scale growth through partnerships, reseller and distributor channels. Technology investment will remain centred on enhancing cloud, AI, and user interface capabilities, supported by ongoing hardware innovations.