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Excite Technology Services Limited (ASX:EXT)

ALERT: Price-sensitive ASX Announcement for EXT
Current share price for EXT : $0.006 -0.002 (-25%)+
Announcement
Release
22 Jan 2026 9:50AM
Price at Release
$0.008
Full Release
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Summary
Excite Technology Services Limited reported a strong financial performance for the quarter ending December 31, 2025, with record customer receipts of $9.2 million, marking a 125% increase compared to the previous year. The company achieved a net operating cash flow of $1 million and held $2.1 million in cash and equivalents, supported by a $315K undrawn facility. Significant achievements include new contracts in IT Managed Services, Cyber Security, and Digital Forensics, highlighting deepening engagements with government and enterprise clients. The report also noted strategic investments in marketing and technology partnerships to sustain revenue growth and enhance market positioning.
Key Points
  • Record customer receipts of $9.2 million, a 125% increase from the previous year.
  • Net operating cash flow of $1 million achieved.
  • Cash and cash equivalents at $2.1 million with an additional $315K undrawn facility.
  • New contracts and renewals in IT Managed Services, Cyber Security, and Digital Forensics.
  • Continued focus on operational cost management and revenue growth.
  • Strategic investments in marketing, technology partnerships, and service portfolio enhancements.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.