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The latest announcement is out from 8Common Ltd ( (AU:8CO) ).
8common Limited reported a solid start to FY26, maintaining positive operating cash flow and achieving an unaudited first-half EBITDA of $242,000, underpinned by $1.28 million in quarterly SaaS and transaction revenue, up 4% on the prior corresponding period, and a 70% gross margin. While total quarterly revenue fell 13% to $1.56 million, the company reduced total costs by 20% year-on-year, helped by a 36% cut in administrative and corporate expenses, and kept its cash position steady at $100,000, supported by a $1.5 million loan facility with approximately $300,000 still drawn after a $91,000 repayment. Annualised recurring revenue is running at about $5.1 million, with stable ARPU of $27.75 across 185,000 users, and management highlighted that infrastructure upgrades and AI-powered tools have delivered a third consecutive quarter of positive cash flow and EBITDA. Operationally, 8common signed a $118,000 customer-funded enhancement contract for its CardHero product and secured a significant two-year renewal of its Expense8 contract with the NSW Department of Education, valued at an estimated $1.56 million plus options that could take the total to $3.54 million, reinforcing the company’s position in government-facing fintech solutions and supporting revenue visibility going into the second half.
The most recent analyst rating on (AU:8CO) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on 8Common Ltd stock, see the AU:8CO Stock Forecast page.
More about 8Common Ltd
8common Limited is an ASX-listed fintech company that generates the bulk of its income from software-as-a-service and transaction-based products, including its Expense8 platform used for expense management and CardHero for card-based solutions. The company focuses on enterprise and government clients, with a large installed user base of around 185,000 and a recurring revenue model supported by long-term contracts in markets such as education and public sector administration.
Average Trading Volume: 300,758
Technical Sentiment Signal: Sell
Current Market Cap: A$7.62M
Find detailed analytics on 8CO stock on TipRanks’ Stock Analysis page.