Appendix 4E, Financial Statements and Annual Report
| Stock | Connexion Mobility Ltd (CXZ.ASX) |
|---|---|
| Release Time | 20 Aug 2026, 11:19 a.m. |
| Price Sensitive | Yes |
Connexion Mobility Ltd FY2026 Annual Report
- Record revenue of $12.3m, driven by strong Q4 performance
- Acquisition of Hallam Road Automotive in Q4 FY26
- No dividends paid during the financial year
- Significant concentration of revenue from one major customer
- Positive outlook for FY27 with focus on expansion and synergies
Connexion Mobility Ltd's FY2026 Annual Report highlights a transformative year with record financial performance. The company expanded its operations into a multi-platform enterprise, with significant revenue growth driven by the acquisition of Hallam Road Automotive and successful expansion into Canada. Despite a slight decrease in profit, the company maintained a strong focus on strategic growth, disciplined capital allocation, and operational efficiencies. The report also notes the company's reliance on a single major customer, which poses significant business risks.
FY26 Revenue: $12.295m, FY26 Profit: $2.447m
Connexion Mobility Ltd anticipates continued growth in FY27, focusing on expanding SaaS capabilities, optimizing operations, and exploring accretive M&A opportunities.