• Raised $1.73 million via placement to institutional and sophisticated investors
• Funds to accelerate digital display network expansion and repay remaining debt
• Expect to achieve NPAT profitability in the near-term

Motio Limited (ASX:MXO) has successfully completed a capital raising of $1.73 million via a Placement to institutional and sophisticated investors. The Offer was strongly supported, reflecting confidence in the Company's strategy and growth outlook. The funds will be used to accelerate the expansion of Motio's digital display network by rolling out new sites, as well as to repay the remaining debt to oOh! media Limited, reducing interest expense and bringing forward the Company's maiden NPAT positive result. The capital raise will also be used to accelerate Motio's marketing automation and AI creative capabilities for its Local Sales development. Following the completion of the Offer, Motio will have 316,622,131 fully paid ordinary shares on issue. Blue Ocean Equities Pty Ltd acted as sole Lead Manager to the Placement. The Board and CEO commented that the additional capital will enable the Company to accelerate the roll out to new locations in under 12 months, providing the opportunity to realise increased revenue into FY27. The Company has steadily increased revenue and cash EBITDA since prioritizing profit and free cash flow, and has observed higher demand over the past 12 months. The capital raise and faster network expansion will help ensure the Company is positioned for sustainable medium-term growth in FY27 and beyond.

The capital raising will enable Motio to accelerate the expansion of its digital display network, positioning the company for sustainable medium-term growth in FY27 and beyond.

Motio has observed higher demand over the past 12 months, and the capital raise and faster network expansion will help ensure the company is positioned for sustainable medium-term growth in FY27 and beyond.