• Revenue up 15% to US$5.45 million
• Profit after tax up 43% to US$1.09 million
• Working capital surplus increased to US$1.89 million

Connexion Mobility Ltd, a provider of automotive fleet and rental management software, reported strong financial results for the first half of the 2025 financial year. Total revenues from ordinary activities increased by 15% to US$5,445,888, up from US$4,743,128 in the prior corresponding period. Profit after providing for income tax expense amounted to US$1,092,784, a 43% increase from US$765,621 in the previous half-year. The company's working capital position also improved, with a surplus of US$1,889,234 as at 31 December 2024, up from US$1,542,960 as at 30 June 2024. Connexion continued to expand the delivery of its automotive fleet and rental management software-as-a-service (SaaS) solution to manufacturers and dealerships in the United States, while also investing in research and development and sales and marketing to drive future growth. The company remains focused on enhancing its mobile and desktop platforms to maintain its position at the forefront of fleet, rental, and mobility management capabilities.

The company notes that it continues to invest meaningfully into the growth of its operations, with US$846,090 and US$480,956 invested in Research & Development and Sales & Marketing, respectively, in H1 FY25. This investment is expected to have a meaningful impact on reported profitability for the current and subsequent financial periods.

Connexion intends to continue growing its SaaS revenue streams through proprietary feature development, commercial partnerships, and expansion of its user base to new OEMs and franchised dealerships. The company's progress remains consistent with the plan presented at the most recent AGM.