• Continued focus on ASX reinstatement through capital raising and cost reductions
• Expansion of KneoScience platform to include high school science investigations
• Positive feedback from educators on KneoScience's benefits and student engagement

KNeoMedia Limited, a SaaS and CSP publishing company, has provided an update on its activities and performance for the quarter ended 30 December 2025. The company has remained focused on achieving the resumption of trading on the Australian Securities Exchange (ASX) and has implemented various initiatives to address funding requirements and support the lifting of the suspension, including capital raising activities and renegotiation of existing convertible notes and loan borrowings. Director and senior management remuneration has also been substantially reduced, deferred, and converted to equity. The company's strategy continues to prioritize the efficient use of available resources in the United States, with a focus on revenue growth and the development of recurring revenue streams through the leveraging of partner resources. This strategy has been advanced through the development and deployment of the KneoScience Content Services Platform (CSP), with an additional order of USD450,000 (approximately AUD700,000) received at the commencement of the FY2026 school year in September. The company has continued to reduce its ongoing investment in intellectual property, primarily relating to enhancements in KneoScience functionality, including the addition of newly requested mandated high school science investigations. Educators have reported highly favorable feedback on KneoScience, citing increased student engagement and significant reductions in preparation and grading time. The company remains confident that sales momentum will continue to build and that the anticipated finalization of key contracts will further strengthen its financial position and support the lifting of the ASX trading suspension.

The company expects additional sales during the second half of FY2026, consistent with historical usage patterns of KneoScience. This expectation is supported by FY2025 multi-district adoption and data demonstrating improved science proficiency outcomes in schools utilizing the platform. The company also remains confident that sales momentum will continue to build.