• Total revenue of $3.696m, up 12.4% on pcp
• New contract wins of $247k in annual licence fees and $98k in professional fees
• Net operating cash outflow of $3.1m, driven by DPIS investment and working capital changes

Urbanise.com Limited (ASX: UBN) has reported its financial results for the quarter ended 30th September 2025 (Q1 FY2026). Total revenue for the quarter was $3.696m, up 12.4% on the prior corresponding period (pcp), driven by growth in both licence and professional fees revenue. The company secured $247k in new annual licence fees and $98k in new professional fees during the quarter. Urbanise continues to progress the development of its Data and Payments Integration Services (DPIS) offering in collaboration with its banking partner, National Australia Bank (NAB). The company is focused on integration workstreams that will enable additional product functionality, with key near-term milestones including completion of the discovery process, technical product readiness, and go-to-market and onboarding preparedness.Net operating cash outflow was $3.1m in the quarter, primarily due to investment in the DPIS development and a decrease in working capital. Urbanise expects continued net operating cash outflows for the remainder of FY2026 as it progresses the DPIS rollout, although not at the levels recorded in Q1. The company is targeting a return to positive operating cash flow in FY2027 and beyond as the partnership's go-to-market gains traction and the business continues to grow.The company's closing cash balance was $12.8m, down from $15.9m at the start of the quarter. Urbanise remains focused on disciplined cash flow management and has no material debt.

Urbanise expects continued net operating cash outflows for the remainder of FY2026 as it progresses the DPIS rollout, although not at the levels recorded in Q1. The company is targeting a return to positive operating cash flow in FY2027 and beyond as the partnership's go-to-market gains traction and the business continues to grow.

Urbanise's CEO Simon Lee said the company has made strong progress on the DPIS discovery phase during the quarter, including engagement with select strata managers and property owners. Technical development continues to advance, drawing on prior experience with banking integrations. Completion of the discovery phase is expected to enable the company to communicate to the market indicative timelines for key development milestones.