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Simble Solutions Limited (ASX:SIS)

ALERT: Price-sensitive ASX Announcement for SIS
Current share price for SIS : $0.005 0 (0%)+
Release
31 Jul 2025 8:34AM
Price at Release
$0.005
Full Release
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Summary
Simble Solutions Limited (ASX: SIS) has provided its Appendix 4C and Quarterly Activities Report for the quarter ending 30 June 2023. The report highlights the company’s progress in sales and partnership development, especially regarding its SimbleSense and CarbonView platforms. Notably, SIS secured new contracts and made advancements in product development to expand its market reach, particularly in the UK and Asia Pacific. The company continues to focus on recurring SaaS revenue growth and cost management, with cash receipts from customers increasing compared to the previous quarter. Operational expenditure was carefully managed, and the company ended the quarter with a solid cash position. The report also outlines ongoing and future initiatives aimed at profitability and sustainable growth, including potential capital raising to support expansion.
Key Points
  • Simble Solutions Limited released its Appendix 4C and Quarterly Activities Report for the quarter ending 30 June 2023.
  • The company achieved increased cash receipts from customers and continued to manage operational expenses.
  • SimbleSense and CarbonView platforms saw progress in sales, partnerships, and product development.
  • New contracts and expansion opportunities were secured in the UK and Asia Pacific regions.
  • The company maintained a strong cash position at the end of the quarter.
  • Ongoing focus on growing recurring SaaS revenue and managing costs.
  • Future initiatives may include capital raising to fund further growth and expansion.
  • The report outlines continued efforts towards profitability and sustainable business development.
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.