Quarterly Activities/Appendix 4C Cash Flow Report
| Stock | Excite Technology Services Ltd (EXT.ASX) |
|---|---|
| Release Time | 31 Oct 2025, 12:13 p.m. |
| Price Sensitive | Yes |
Excite Technology Services Ltd reports strong quarterly results
- Customer receipts of $4.2 million, up 140% from prior period
- $7.1 million in new sales closed during September
- Operational commencement of NANGU Tactical Centre
Excite Technology Services Limited (ASX:EXT) has reported strong quarterly results for the period ending 30 September 2025. Key highlights include:- Customer receipts of $4.2 million, up 140% from the prior comparable period, reflecting continued strong execution across all business units.- More than $7.1 million in new sales closed during September alone, spanning Federal, Defence, and Industry customers.- Operational commencement of the NANGU Tactical Centre, with engagements involving Federal Agencies, Defence, and industry partners.- $2.1 million secured through convertible notes to institutional investors.- Closing cash position of $1.2 million, supported by $315K in standby facilities and receivables of $5.8 million.The results demonstrate sustained momentum across Excite's core business units of Cyber Security, IT & Managed Services, and Digital Forensics & Training. The company is well positioned to continue its growth trajectory and capitalize on rising demand for its services.
Excite expects to achieve cash flow breakeven and continue driving operational efficiency and growth across its Federal, Defence, and enterprise client base.
Excite enters the December quarter with strong momentum, focused on achieving sustainable cash flow breakeven, driving operational efficiency, and deepening engagement with key clients. The company is well placed to capitalize on rising demand for its cybersecurity, digital forensics, and managed IT services.