Flexiroam Limited

FRX.ASX

Communication Services

Flexiroam provides connectivity across any device, in any part of the world for any application.

Market Data

Price

$0.018

-0.1%
Market Cap

$27.3M

P/E Ratio

18.0x

EPS

$0.001

Div. Yield

0.00%

52-Week Change

+0.1%

Latest Earnings

Appendix 4D and Half-Year Report

27 February 2026

Revenue
$5.94
-22.0% YoY
NPAT
$1.42
+167.0% YoY
EPS
$0.00

FlexiRoam Limited (ASX: FRX) delivered a record half-year profit of AUD $1.42M for HY1 FY26, swinging from a AUD $2.12M loss in the prior corresponding period, driven by a strategic exit from low-margin revenue and a dramatic expansion of gross margin to 72.7% from 53.5%. Revenue declined 22% to AUD $5.94M, a deliberate trade-off as the company shed unprofitable revenue lines in favour of higher-margin B2B and recurring streams. The company also generated record positive operating cash flow of AUD $1.87M and strengthened its balance sheet, with cash rising to AUD $3.17M and net assets doubling to AUD $4.19M. Key points: Record half-year statutory net profit of AUD $1.42M, a $3.55M turnaround from the AUD $2.12M loss in HY1 FY25; Gross margin expanded dramatically by 19.2 percentage points to 72.7%, up from 53.5% in the prior corresponding period; Record positive operating cash flow of AUD $1.87M, a $2.72M turnaround from a AUD $0.85M outflow in pcp

Recent Announcements

2 Mar 2026 Supplementary Neutral

H1 FY26 Half Year Results Presentation

FlexiRoam Limited (ASX: FRX) reported H1 FY26 half-year results showing a turnaround to profitability with record underlying EBITDA of $2.0m (up $3.0m vs H1 FY25), gross profit of $4.3m at 72.7% margin, and positive operating cash flow of $1.9m. The company completed an operational reset, launched an AI eSIM agent in December 2025, secured enterprise partnerships with Generali and Dialog, and strengthened its balance sheet with $3.2m cash and positive net current assets of $0.3m.

27 Feb 2026 Actual Results Positive

Appendix 4D and Half-Year Report

FlexiRoam Limited (ASX: FRX) delivered a record half-year profit of AUD $1.42M for HY1 FY26, swinging from a AUD $2.12M loss in the prior corresponding period, driven by a strategic exit from low-margin revenue and a dramatic expansion of gross margin to 72.7% from 53.5%. Revenue declined 22% to AUD $5.94M, a deliberate trade-off as the company shed unprofitable revenue lines in favour of higher-margin B2B and recurring streams. The company also generated record positive operating cash flow of AUD $1.87M and strengthened its balance sheet, with cash rising to AUD $3.17M and net assets doubling to AUD $4.19M. Key points: Record half-year statutory net profit of AUD $1.42M, a $3.55M turnaround from the AUD $2.12M loss in HY1 FY25; Gross margin expanded dramatically by 19.2 percentage points to 72.7%, up from 53.5% in the prior corresponding period; Record positive operating cash flow of AUD $1.87M, a $2.72M turnaround from a AUD $0.85M outflow in pcp

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