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Aspermont Limited ( (AU:ASP) ) has provided an update.
Aspermont Limited reported FY25 continuing revenue of $15.4m, down 6% year-on-year, but grew subscription revenue 4% to $10.2m, which now accounts for two-thirds of total revenue, and delivered its 37th consecutive quarter of subscription growth. Despite a small normalised EBITDA loss and a slightly wider NPAT loss, operating cash flow turned positive and the company finished the year with $2.9m in cash, underpinned by a $2.8m capital raise and improving second-half cash generation; operationally, Aspermont launched its Mining-IQ v1 data platform, signed a $550,000-plus enterprise contract with Rio Tinto to digitise historic archives using an LLM-powered solution, secured major Nexus and events wins, and reinforced its strategic pivot toward data and XaaS offerings as it aims to become a leading data and intelligence provider to the global resources industry.
More about Aspermont Limited
Aspermont Limited is a leading media services provider to the global resources sector, operating a commercial XaaS model for B2B media that distributes high-value content to a growing paid audience. The company is increasingly focused on monetising its extensive data assets through data and intelligence platforms, while also expanding its marketing services and events footprint across multiple geographies, including the UK, Australia, Brazil, the USA, Canada, Singapore and the Philippines.
Technical Sentiment Signal: Sell
Current Market Cap: A$20.36M
For a thorough assessment of ASP stock, go to TipRanks’ Stock Analysis page.