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iCetana Limited (ASX:ICE)

ALERT: Price-sensitive ASX Announcement for ICE
Current share price for ICE : $0.033 -0.032 (-49.23%)+
Announcement
Release
30 Oct 2025 8:16AM
Price at Release
$0.065
Full Release
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Summary
icetana Limited, an Australian company specializing in self-learning security AI software, reported significant growth in its Quarterly Activities Report for the quarter ending 30 September 2025. The company achieved its highest ever quarterly growth in annual recurring revenue (ARR), reaching $2.3 million, marking a 21% increase quarter on quarter. This growth was largely driven by the strategic partnership and new sales with SoftBank Robotics. Total quarterly revenue increased by 22% to $600,000, while the net operating cash outflow was $1.13 million, a substantial increase from the previous quarter. The cash balance stood at $2.7 million at the end of Q1 FY26. Despite delays in some projects, icetana AI's technology continues to expand globally, with deployments operating across numerous sites and countries.
Key Points
  • Successful conversion of SoftBank Robotics strategic partnership into annualised recurring revenue growth.
  • Strongest ever quarterly ARR growth: $2.3 million as of 30 September 2025, up 21% quarter on quarter.
  • Total quarterly revenue of $600k, up 22% on Q4 FY25 revenue.
  • Net operating cash outflow of $1.13 million for the quarter, significantly increased from the previous quarter.
  • Cash balance at the end of Q1 FY26 was $2.7 million, down from $3.9 million in previous quarter.
  • icetana AI’s technology operates globally across 70+ sites, 17,000+ cameras, and in 15+ countries.
  • New partnerships and customer orders significantly contributed to revenue growth.
  • Challenges include delayed deployment of a $1.7 million Middle East safe city project.
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.