Half Yearly Report and Accounts
| Stock | 8COMMON Ltd (8CO.ASX) |
|---|---|
| Release Time | 27 Feb 2026, 4:09 p.m. |
| Price Sensitive | Yes |
8COMMON Ltd Reports Half Yearly Results
- Revenue and other income down 14% to $3.23M
- EBITDA profit of $248K vs $318K loss in prior period
- Net cash inflow from operations of $148K, a material improvement
8COMMON Limited and its controlled entities reported a 14% decrease in total revenue and other income to $3,225,732 for the half-year ended 31 December 2025, compared to the prior corresponding period. This was driven by reduced implementation revenue, although the company saw a 6% increase in recurring SaaS revenue to $2,569,730. The group incurred an operating loss of $171,404, a significant improvement from the $698,975 loss in the prior period, and achieved an EBITDA profit of $248,215 compared to a $318,420 loss in the prior period. These improvements were driven by decreases in cost of services of $375,155 and other operational expenses which fell by $667,705. The company also recorded a net cash inflow from operations of $148,277, a material improvement from the $8,708 outflow in the prior period. Key operational highlights included a $1.56M contract renewal with the NSW Department of Education and ongoing expansion of the company's federal government customer pipeline, with over 55,000 users in the discovery phase. The company remains adequately funded with a $1.5M financing facility from the Executive Chairman.
The company anticipates that as more federal government and large enterprise entities progress to the on-boarding phase of Expense8, user numbers will continue to grow in coming quarters. A growing proportion of users from the federal government is expected to drive an increase in ARPU over FY26 and beyond, delivering material revenue growth and driving the business towards sustainable positive cashflow.
The company continues to expand its presence amongst government, not-for-profit and large enterprise clients. Significant improvements in operational expenses and cost of services through management initiatives have significantly improved core financial metrics, while strong SaaS revenue growth demonstrates customer validation of 8CO's products.