• Net operating cash outflow reduced by 76% to US$0.7m
• Total contract value signed was ~US$1.0m, lower than Q1 FY26
• Conditional placement and convertible note conversion expected to complete
• Pro forma cash expected to be ~A$18m, sufficient for operations until cashflow break-even
• Strong commercial momentum with new client agreements and go-lives

Enlitic Inc. reported a net operating cash outflow of US$0.7m for Q2 FY26, a 76% decrease from the prior quarter. Cash receipts increased to US$2.3m, reflecting collections from prior contracts. The company signed 17 new client agreements with a total contract value of ~US$1.0m. Cost discipline resulted in total operating expenditure falling to US$3.0m. Enlitic is expected to become debt-free with a pro forma cash balance of ~A$18m following a conditional placement and convertible note conversion. These funds are expected to fund operations until cash flow break-even. The company is focused on converting its commercial pipeline and expanding Ensight adoption through OEM integrations and partner channels.

Expected pro forma cash balance of ~A$18m post-placement and conversion

Enlitic expects to achieve operational cash flow break-even and revenue growth through continued commercial momentum, disciplined expenditure, and expanded Ensight adoption.