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Spectur Limited (ASX:SP3)

ALERT: Price-sensitive ASX Announcement for SP3
Current share price for SP3 : $0.011 -0.024 (-68.57%)+
Announcement
Release
30 Oct 2025 8:15AM
Price at Release
$0.035
Full Release
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Summary
Spectur Limited (ASX: SP3), an Australian company focusing on solar-powered, off-grid AI surveillance and monitoring solutions, reported a solid start to the financial year 2026 with continued progress in growth and innovation. The quarterly report highlighted a revenue of $1.932 million, reflecting a shift towards higher-margin, solutions-based sales and an increase in recurring SaaS revenue by 5% compared to the previous year. Total operating cash outflows improved by $431,000 due to better cost controls and inventory management. Executive commentary from CEO Anthony Schmidt emphasized the successful launch of a new corporate website and the adoption of ISO 27001:2022 standards, enhancing operational efficiency and customer engagement. Spectur completed a $2.3 million capital raise to support future development and maintain strategic growth. The company ended the quarter with a cash balance of $772,000.
Key Points
  • Quarterly cash receipts of $2.198 million.
  • Operating cash outflow reduced by $431,000 compared to the previous year.
  • Cash reserves stood at $772,000 as of 30 September 2025.
  • Revenue of $1.932 million in Q1 FY26.
  • Shift to higher-margin, solutions-based sales with a strategy to accelerate SaaS adoption.
  • Recurring SaaS revenue increased by 5% from the previous year.
  • Commencement of ISO 27001:2022 adoption for information security.
  • Successful launch of new corporate website and branding.
  • Raised $2.3 million for future development and growth.
  • Strong focus on operational optimization and cost management.
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.