Quarterly Activities Report - 30 September 2025
| Stock | Spectur Ltd (SP3.ASX) |
|---|---|
| Release Time | 30 Oct 2025, 8:15 a.m. |
| Price Sensitive | Yes |
Spectur Reports Positive Q1 FY26 Results
- Quarterly cash receipts of $2.198M
- Operating cash outflow reduction of $431K compared to prior year
- Cash reserves of $772K at 30 September 2025
Spectur Limited (ASX:SP3), a wireless sensing, thinking and acting solutions and platforms company, has reported on its activities for the quarter ended 30 September 2025 (Q1 FY26). The company's Q1 FY26 revenue of $1.932M reflects its continued transition toward higher-margin, solutions-based sales, with a deliberate reduction in lower-value hardware projects. While revenue was 9% lower than the prior quarter (Q4 FY25), this aligns with the planned shift in product mix and a more combative RRP strategy to accelerate SaaS adoption. Recurring SaaS revenue increased by 5% on the same period last year, underscoring growing customer engagement and the strength of Spectur's subscription model. Total operating cash outflows for Q1 FY26 were $2.424M, representing an improvement of $431K compared to $2.855M in the same period in the prior year. This reduction reflects the benefits derived from improved cost controls and inventory management. The company has also successfully reduced key operating expenses, including a decrease in product manufacturing and operating costs from $1.12M in Q4 FY25 to $869K in Q1 FY26. Spectur ended the quarter with a consolidated cash balance of $772K.
As Spectur enters the remainder of FY26, the company continues to build momentum toward sustainable profitability. With a stronger brand presence, enhanced operational discipline, and a clear technology roadmap, the Company is well positioned to capitalise on market opportunities and deliver continued growth across its core industries.