• Group revenue in-line with prior quarters, new contracts delivering first revenue
• Annualised Recurring Revenue up 5% on prior period
• New, high-margin Software revenue growing 6% on Q1 FY26
• Significant reduction in cash burn from $500K to $270K per month

Activeport Group Ltd (ASX:ATV) reported its activities and financial results for the second quarter (Q2) of FY26. Group revenue was in-line with prior quarters, with new contract wins delivering first revenue in December and ramping up to full billing in Q3. Annualised Recurring Revenue on 31 December 2025 is $6.3M, up 5% on the prior comparable period. New, high-margin Software revenue grew 6% on Q1 FY26, setting a strong foundation for further growth through Q3 FY26. The company also reported a significant reduction in cash burn from $500K per month in Q1 FY26 to $270K per month in Q2 FY26. Activeport is well-funded to execute on new contracts through 2026 with $5m of available cash and facilities and no term debt. The quarter's focus was on advancing product capabilities and executing key customer deployments, positioning the company for sustained revenue momentum in high-growth areas like GPU orchestration, network automation, and edge infrastructure. Core platform enhancements, GPU orchestration advancements, and ongoing large-scale project delivery were key highlights. The company also secured a new customer win in the GPU segment and continued to scale up GPU delivery. Network infrastructure integration and migration, and the development of a new telco network-to-network interconnect (NNI) software platform also progressed during the quarter.

Annualised Recurring Revenue of $6.3M as of 31 December 2025, up 5% on the prior comparable period. New, high-margin Software revenue grew 6% on Q1 FY26.

The rapid expansion in datacentre capacity and neo-cloud services, fuelled by surging AI demand, continues to generate a robust flow of new project opportunities in data centre networks and GPU orchestration, many targeted for contract signing in the second half. These developments demonstrate disciplined execution on product innovation and customer expansion in strategically important markets, laying a solid foundation for revenue growth and margin improvement in the periods ahead.