8CO.ASX: Australian Taxation Office signs 3-year Expense8 contract

Australian Taxation Office signs 3-year Expense8 contract

Stock	8COMMON Ltd (8CO.ASX)
Release Time	7 Jul 2026, 1:04 p.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

8common signs 3-year ATO Expense8 contract

Key Points

ATO signs 3-year Expense8 contract with options to extend
Total contract value is $1.95m including GST
ATO has over 20,000 users, expanding Expense8's government footprint
Expense8 has 50,000 users within federal government
8common has over 195,000 users across 190 government entities

Full Summary

8common Ltd announced that its wholly-owned subsidiary Expense8 has signed a 3-year contract with the Australian Taxation Office (ATO) for a total contract value of $1.95 million including GST. This contract covers Expense8's SaaS, transaction, and related services. The ATO has over 20,000 users, making this a significant deployment for Expense8. The contract includes options for three 1-year extensions and is expected to be recognized over the 3-year term upon go-live. The ATO contract further expands 8common's Commonwealth Government footprint and adds to its base of more than 190 state and federal government entities with over 195,000 users.

Guidance

Total Contract Value of $1.95m including GST for Expense8 SaaS, transaction and related services over the contract term

Outlook

Revenue under the contract is expected to be recognized over the 3-year term upon go-live, subject to normal implementation and service delivery timing.