Aspermont Ltd. Shows Positive Momentum in H1 FY2025/26

Aspermont Ltd. reported notable progress in H1 FY2025/26, with revenue from continuing operations growing by 11.3% to AUD 7.48 million. This increase was mainly driven by growth in non-subscription revenues, despite Subscription & Data Licensing Revenue remaining stable. The company's net profit after tax reached AUD 0.60 million, an improvement from a net loss in the previous year, aided by a fair value uplift in their Tāiko Critical Minerals investment.

Despite these improvements, normalised EBITDA remained negative at approximately AUD -1.00 million. However, there was a marked quarterly improvement from AUD -0.80 million in Q1 to AUD -0.20 million in Q2. Cash flow also improved; net cash used in operations was AUD 1.49 million, compared to AUD 0.06 million the prior year, with management optimistic about becoming cash-generative in future quarters.

Strategically, Aspermont marked crucial developments, completing the Data & Intelligence business plan and setting up a dedicated team. Notably, their subscription business maintained a stable foundation with a 100% net retention rate, positioning Aspermont for stronger growth in the second half of the year.