• Positive EBITDA and Cash from Operations in H1 FY25
• 10% revenue growth for Zoom2u and Locate2u in H1 FY25
• 11% reduction in Zoom2u operating expenses, 5% reduction in Locate2u expenses

Zoom2U Technologies Ltd has released its Q2 FY25 Investor Presentation, highlighting positive financial performance and operational progress. In H1 FY25, the company achieved positive EBITDA of $3.2 million and $1.3 million in cash from operating activities, representing improvements of $430,000 and $811,000 respectively compared to the prior corresponding period (pcp). Revenue for H1 FY25 also improved by 10% from the pcp for both the Zoom2u and Locate2u divisions. For Q2 FY25 specifically, the company reported Group revenue of $1.66 million, a 5% increase over the pcp. Locate2u revenue grew 8% to $660,000, while Zoom2u (excluding 2u Enterprises) revenue declined 11% to $814,000 due to ongoing weakness in consumer confidence and lower margins for Enterprise customers. EBITDA for the quarter was a loss of $29,000, in line with the pcp.The company has implemented cost-saving initiatives, achieving an 11% reduction in Zoom2u operating expenses and a 5% reduction in Locate2u expenses compared to the last 12 months. Zoom2u costs were higher in Q2 due to the new driver services business using casual employee drivers.Locate2u's revenue growth has been driven by a 38% compound annual growth rate in annualized recurring revenue over the past 18 months, reaching $2.5 million as of December 2024. The company has also made 44 product releases to the Locate2u platform in H1 FY25.Looking ahead, Zoom2U's key areas of focus for H2 FY25 include growing the sales engine to acquire SME customers globally, completing enterprise implementations, and rolling out the Locate2u Billing Engine. The company has also adopted a Treasury Management Policy that allows for the acceptance of Bitcoin as a payment method for its services.