• Licence and support fee revenues up 4.6% to $5.1m
• Loss attributable to members of $1.5m, up $1.2m on prior period
• Increased investment in Libero X development project

Knosys Limited reported a 4.6% increase in licence and support fee revenues to $5.1m for the half year ended 31 December 2025. Total revenues, including R&D income tax incentive, were 1% higher at $5.5m. The loss attributable to members was $1.5m, up $1.2m on the prior period, due to increased investment in personnel and cloud hosting resources related to the Libero X development project and higher advisory and consulting fees. The reported loss includes non-cash charges of $0.4m for amortisation of intangible assets. Knosys generated an operating cash outflow of $0.9m for the period, reflecting the higher level of investment in the Libero X project, advisory and consultant fees, and personnel restructure costs. The company's cash position at 31 December 2025 was $1.9m, down from $2.8m at 30 June 2025. During the half year, Knosys secured contracts with four new customers for its Libero 6 library management system and five existing customers expanded their subscriptions to add the Libero mobile library application.

Knosys continues to benefit from strong client retention and renewals in the core Knowledge Management and Libero businesses, which enables the Company to execute on the ambitious product development program in Libero 6 and Libero X. Knosys is now preparing detailed sales and marketing plans to roll-out the market-leading, next-generation library management solutions globally in FY27.