TZ Limited (ASX: TZL) reported a positive operating cash inflow of AU$176K for Q1 FY25, despite a AU$152K interest payment on the First Samuel debenture. The company generated AU$3.8 Million in receipts, with expenses including AU$2 Million for product and operational costs, AU$0.9 Million for staff, and AU$0.5 Million for administration. However, quarterly revenue of AU$2.8 Million fell short of the AU$3.7 Million target due to project delays in the US, missing an additional AU$750K in revenue.
While the US subsidiary underperformed, regions including ANZ, Asia, and EMEA surpassed revenue expectations. The company is increasing investments in US business development to improve performance in the second half of FY25. Current annuity revenue stands at AU$3.9 Million annually, with a projected 20% growth for the fiscal year. TZ Limited remains optimistic about achieving its FY25 goals, operating sustainably, and recovering lost revenue in upcoming quarters.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
