• Healthy cash position of $4M at end of December, further boosted by $9M from Zoleo divestment
• Profitable legacy businesses generated $0.3M in positive adjusted free cash flow
• Strong cost control and sustainable operations, with revenue bolstered by Iridium device deliveries

Beam Communications Holdings Limited (ASX: BCC) has reported a healthy cash position of $4 million at the end of the December 2025 quarter (Q2 FY26), which was further bolstered by a $9.03 million payment received this week from the completed divestment of Zoleo Inc. The company's remaining businesses generated a positive adjusted free cash flow of $0.3 million in the quarter, excluding one-off costs related to the Zoleo arbitration/dispute process. Quarterly unaudited ordinary revenue declined to $3.3 million in Q2 FY26 from $6.8 million in the prior corresponding period, due to the absence of Zoleo device orders following the divestment of that business. However, the completion of deliveries under existing Iridium device contracts bolstered revenue in Q1 FY26. Beam's core equipment business revenue fell 41.1% year-over-year to $2.2 million, while revenue at its SatPhone Shop subsidiary dropped 20.8% to $0.3 million. Recurring revenue from Airtime Services (excluding Zoleo royalties) jumped 17.4% to $0.6 million.Beam anticipates that it will report positive adjusted free cash flows (excluding one-off items) for the full FY26 financial year. The company intends to undertake a return of capital to shareholders and will provide further details when it releases its half-year results in February.

Beam anticipates positive free adjusted cashflows (excluding significant items) for FY26.

Beam will provide further details on a capital return when it releases its half year results.