• Cash receipts of A$3.31 million, down 12.66% QoQ but up 2.13% YoY
• Net cash outflow from operating activities of A$642k, up 135.16% QoQ
• Secured A$1.5 million director loan to bolster working capital

Flexiroam Limited (ASX: FRX) has provided its cash flow report for the three months ended 31 December 2024 (Q2 FY25) and an update on key business activities. The company recorded A$3.31 million in cash receipts, lower by 12.66% quarter-on-quarter (QoQ) but slightly higher by 2.13% year-on-year (YoY). Net cash outflow from operating activities was A$642k, representing a 135.16% increase QoQ. The company is reassessing its pricing strategy and optimizing platform costs to address these challenges. Investing activities included A$194k spent on software enhancements to support marketing analytics and customer management tools. Flexiroam secured a director loan of A$1.5 million to bolster working capital, ensuring ample runway for continued operational improvements. Cash and cash equivalents at the end of the quarter were A$1.23 million, up from A$583k at the end of Q1 FY25. Total cash receipts from customers grew to A$7.11 million, representing a YoY increase of 2.16%. This was driven by a balanced approach to customer retention and acquisition, supported by targeted promotional campaigns. The company made significant strides in optimizing its marketing investments, resulting in improved customer acquisition costs (CAC) and enhanced customer lifetime value (CLV). Strategies implemented during Q2 have shown early signs of sustainable growth with lower dependency on high-cost paid media.

Flexiroam will continue to optimize marketing expenditure, focusing on high-impact strategies and leveraging data-driven insights to maximize returns. With a renewed emphasis on profitability and disciplined operating practices, the company is well-positioned to capitalize on opportunities within the growing eSIM global travel market.