Dec25 Quarterly Activities Report and Appendix 4C
| Stock | Jayride Group Ltd (JAY.ASX) |
|---|---|
| Release Time | 30 Jan 2026, 6:11 p.m. |
| Price Sensitive | Yes |
Jayride Group reports Q2 FY25-26 results
- Continued execution on transformation to MaaS and SaaS mobility platform
- Signed SaaS agreement with Drivemate, Thailand's leading P2P car-sharing platform
- Entered strategic alliance with Xoomplay to integrate in-vehicle media and digital advertising
Jayride Group Limited (ASX: JAY) continued to execute on its transformation from an airport-transfer aggregator into a scalable Mobility-as-a-Service (MaaS) and SaaS mobility platform. The Company made meaningful progress across capital management, technology delivery, and regional partnerships during the quarter. Jayride advanced the rollout of its SaaS mobility platform across Australia, New Zealand, the Pacific, and Southeast Asia, enabling transport operators and enterprise clients to deploy white-label booking, payments, and fleet-management modules. The Company also entered into a new Software-as-a-Service (SaaS) agreement with Drivemate, Thailand's leading peer-to-peer (P2P) car-sharing platform, to design, build, and deploy an enterprise-grade platform to power Drivemate's next-generation mobility offering. Additionally, Jayride entered into a strategic alliance with Xoomplay, AirAsia's exclusive in-car entertainment and advertising partner, to integrate in-vehicle media and digital advertising functionality within Jayride's SaaS mobility platform. During the quarter, the Company appointed Nat Nunthapiwat as their Chief Operating Officer (COO) and Aaron Laurita and Phillip Hains to provide CFO advisory and Financial Management. Operating cash outflows were limited to $751,000 for the quarter, and Jayride closed the period with $330,000 in cash at bank after securing $735,000 in funding.
Jayride enters the next calendar quarter with a new and improved SaaS platform, streamlined cost base, and expanding commercial pipeline. The Board remains confident that the Company's hybrid model combining recurring-revenue SaaS contracts with a disciplined aggregator footprint positions Jayride to deliver scalable growth, improved margins, and sustainable long-term shareholder value.