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An announcement from IncentiaPay Ltd. ( (AU:EAT) ) is now available.
Entertainment Rewards Ltd reported a 2.2% increase in revenue for Q1 FY26 compared to the same quarter last year, driven by growth in its Frequent Values and Personalised Card Linked Offers programs. The company secured a $3 million loan facility with Suzerain Investments, enhancing its financial stability and supporting strategic initiatives. Despite a net operating cash loss of $1.29 million, the company improved from the previous year, with strong membership growth and successful fundraising efforts raising over $320,000. The company is also pursuing B-Corp certification and aligning its climate targets with the Science Based Targets initiative, reflecting its commitment to sustainability.
More about IncentiaPay Ltd.
Entertainment Rewards Ltd, trading as ASX:EAT, is a leading entertainment, lifestyle, and rewards platform operating in Australia and New Zealand. The company focuses on providing loyalty solutions through programs like Frequent Values and Seamless Rewards, catering to major organizations across the region.
Average Trading Volume: 5,318,802
Technical Sentiment Signal: Hold
Current Market Cap: A$26.92M
Learn more about EAT stock on TipRanks’ Stock Analysis page.