• Achieved $1.3 million in net cash from operating activities, a record high
• Continued strong profitability with EBITDA of $1.1 million and NPAT of $1.0 million
• Commenced beta testing for new AI-assisted connectivity platform, on track for Q2 launch

FlexiRoam Limited (ASX:FRX) has provided its quarterly activities update and Appendix 4C for the quarter ended 30th September 2025. The company's improved profitable position is now being reflected in a record positive operating cash flow of $1.3 million, following the completion of the previously disclosed legacy payables settlement program. This Q1 FY26 performance provides further validation of the successful business transformation initiated in the second half of FY25, establishing a clean and sustainable financial baseline. Key highlights for the quarter include: record positive operating cash flow, sustained and improving profitability with EBITDA of $1.1 million and NPAT of $1.0 million, commencement of beta testing for the new AI-assisted connectivity platform, and a stable, high-quality revenue base of ~$3.0 million. The company's cash and cash equivalents increased by $1.2 million during the quarter to close at $2.8 million, and the net asset position also improved significantly to $3.4 million. With the legacy vendor liabilities now settled, the company's sustained profitability is being fully reflected in the record positive operating cash flow, establishing a clean financial baseline that reflects the company's sustainable, long-term earning position.

The company maintained a strong top-line with revenue of ~$3.0 million for the quarter, reflecting a solid foundation for ongoing cash generation. The company is well positioned to fund and execute its growth initiatives, with a focus on protecting its positive EBITDA while scaling its partner programs, which will be significantly enhanced by the launch of its simpler, AI-assisted connectivity platform in Q2.