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Dubber Corporation Limited (ASX:DUB)

ALERT: Price-sensitive ASX Announcement for DUB
Current share price for DUB : $0.010 -0.009 (-47.22%)+
Announcement
Release
30 Oct 2025 8:41AM
Price at Release
$0.018
Full Release
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Summary
Dubber Corporation Limited reported a slight decrease in operating cash-based costs by 1% from Q4 FY25 to Q1 FY26, continuing to focus on cost efficiencies and savings from exiting UK property leases. The company achieved a gross margin of approximately 70%, despite reduced revenues due to non-renewal of contracts like VMO2. Dubber continues to support ASIC investigations and recovery efforts of allegedly misused funds, with legal proceedings against former auditors and executives ongoing. The Q1 FY26 report also highlights a targeted breakeven operating cashflow run-rate, emphasizing growth through AI product sales and business automation. Dubber reported $12.4 million receipts from customers and net cash outflows from operating activities of $0.7 million for Q1 FY26. Total available funding was $14.5 million at the end of the quarter, with a $5 million loan facility undrawn.
Key Points
  • Operating cash-based costs decreased by 1% from Q4 FY25 to Q1 FY26.
  • Gross margin of ~70% achieved in Q1 FY26.
  • Cost savings from exiting UK property leases.
  • Ongoing ASIC investigation and legal proceedings for fund recovery.
  • Targeting breakeven operating cashflow run-rate in FY26.
  • Focus on AI product sales and business automation for growth.
  • $12.4 million receipts from customers in Q1 FY26.
  • Net cash outflows from operating activities of $0.7 million.
  • Total available funding of $14.5 million at quarter end.
  • $5 million loan facility remains undrawn.
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.