• Annual Recurring Revenue (ARR) of $11.2 million, marking 37th consecutive quarter of subscriptions revenue growth
• Total revenue from continuing operations up 5% year-on-year to $4.7 million
• Secured initial $550k enterprise data contract with Rio Tinto, validating data and intelligence platform

Aspermont Limited, the market leader in B2B media for the global resource sectors, has provided a trading update for the three months ended 31st September 2025 (Q4 FY25). The quarter saw continued growth in Annual Recurring Revenue (ARR), which reached $11.2 million, marking the 37th consecutive quarter of subscriptions revenue growth. Total revenue from continuing operations was $4.7 million, up 5% year-on-year. The company secured an initial enterprise data contract with Rio Tinto, valued at approximately $550k, for the digitalization of archives and the build of an enterprise-grade, large language model (LLM) powered search and generative AI platform. This contract validates Aspermont's product-market fit and path to enterprise SaaS revenues. The company also launched its new proprietary data and intelligence platform, Mining-IQ v1, in August 2025. Additionally, Aspermont strengthened its balance sheet through a $1.75 million institutional placement (at a 40% premium) and a subsequent $1.03 million Share Purchase Plan. The Events division delivered 20% attendee growth at the Future of Mining Australia conference. Normalized EBITDA for the quarter was $0.4 million, and the company ended the quarter with net cash of $2.9 million.

1. Commercialize Mining-IQ and convert enterprise proofs-of-concept into contracted ARR.
2. Increase ARPU through enterprise upsells and pricing optimisation.
3. Deliver ARR inflection while maintaining positive operating cash flow discipline.