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The latest announcement is out from Halo Technologies Holdings Ltd ( (AU:HAL) ).
Halo Technologies reported quarterly operating revenue of $3.10 million for the three months to 31 March 2026, down from $3.84 million in the prior quarter, as brokerage income weakened amid geopolitical volatility linked to the war in the Middle East, though trading activity has materially recovered in April. Group operating costs fell as the UK business neared completion of its transition to a capital-light B2B-only model, while Australian costs remained disciplined, supporting the company’s focus on scaling its domestic adviser network and driving funds under management growth.
The company is prioritising expansion of its Australian B2B adviser base, boosting sales and customer service resources to convert a growing pipeline of prospective and inactive subscription clients into funded accounts. Management expects this targeted outreach, together with the launch of Managed Funds in Australia and ongoing engagement with financial institutions in Australasia, the UK, the UAE and parts of Asia-Pacific, to support continued growth in funds under management, strengthen its B2B platform positioning and enhance its appeal to traditional financial planners.
More about Halo Technologies Holdings Ltd
Halo Technologies Holdings Ltd is an Australia-based financial technology company focused on investment platforms and brokerage services. The group is shifting its international operations, particularly in the UK, toward a capital-light, B2B-only model while targeting growth in its B2B adviser and subscriber base across Australasia, the UK and the UAE.
Average Trading Volume: 89,745
Technical Sentiment Signal: Sell
Current Market Cap: A$5.84M
For an in-depth examination of HAL stock, go to TipRanks’ Overview page.