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Halo Technologies Holdings Ltd (ASX:HAL)

ALERT: Price-sensitive ASX Announcement for HAL
Current share price for HAL : $0.017 -0.015 (-46.88%)+
Announcement
Release
31 Oct 2025 10:22AM
Price at Release
$0.032
Full Release
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Summary
Halo Technologies Holdings Ltd reported a 17% increase in operating revenue to $4.15 million for the quarter ending 30 September 2025, driven by a 22% rise in brokerage revenue attributed to increased FUM levels and seasonality. Under new leadership, the company is focusing on expanding its Australian business offerings and accelerating its B2B client base. A capital raise through a rights issue secured $3.924 million for business growth. The company also launched Managed Funds in Australia, targeting traditional financial planners, and continues to expand its B2B network and subscriber base in Australasia. Payments to related parties amounted to $3,067k during the quarter.
Key Points
  • Operating revenue increased by 17% to $4.15 million for the quarter ending 30 September 2025.
  • Brokerage revenue increased by 22% due to growth in FUM levels and seasonality.
  • HALO has shifted its focus to expanding its Australian business offerings under new leadership.
  • The company completed a rights issue raising $3.924 million to fund business expansion.
  • Payments to related parties during the quarter totaled $3,067k.
  • A launch of Managed Funds in Australia was completed, expanding the product base.
  • HALO continues to grow its B2B network and subscriber base in Australasia.
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.