8Common Ltd (ASX:8CO)

8Common Ltd's Quarterly Activities/Appendix 4C Cash Flow Report for the period ending 31 December 2025 highlights a stable cash position and positive EBITDA for the first half of the financial year 2026. The company reported a 4% increase in SaaS revenue compared to the prior corresponding period, achieving a gross margin averaging 70%. Although total revenue for the quarter was down 13% from the previous year, the net operating cash inflow was $94,000. Key contracts include a renewed two-year fixed-term agreement with the NSW Department of Education for the Expense8 platform, valued at approximately $3.54 million, including GST. Additionally, 8Common secured a $118,000 contract for the CardHero product. The company maintained a steady user base of 185,000, with an Annualised Recurring Revenue of about $5.1 million. Operational costs decreased by 20%, primarily due to a reduction in administrative and corporate costs. The company's Executive Chairman, Nic Lim, provided a loan facility of up to $1.5 million, of which $300,000 remained outstanding at the end of the quarter.