• Recurring software license revenue up 22% on previous quarter
• SaaS revenue in line with expectations
• Strong cash receipts from customers up 27% on previous quarter

Activeport Group Ltd (ASX:ATV) has announced its activities and financial results for the third quarter (Q3) of FY26. Key highlights include a 22% increase in recurring software license revenue, SaaS revenue in line with expectations of +/- 5% in any quarterly period, and strong cash receipts from customers up 27% on the previous quarter. The company's cash position of $2.1M plus a likely R&D grant for 2026 of $1.6M increases to $3.7M. Recurring revenue is stable across quarters, trending positive in Q4 as new projects completed in Q3 begin regular monthly billing. Activeport received a significant order from the world's fifth-largest data centre operator to trial its software, validating the technology at the highest industry level. The company is also launching a new 'Neocloud' platform, a turnkey AI computing solution for data centre operators, and seeing strong interest in its network orchestration software and NNI gateways from major telcos globally.

Activeport expects a 400% increase in the number of projects commencing in Q4 FY26 alone, driven by the pipeline momentum built in Q3.

The AI revolution is accelerating demand for Activeport's software across every part of its business, including increased customer demand for network orchestration software, a significant new market for GPU orchestration software, and increased demand for its headless orchestration platform for embedded network-to-cloud connectivity.