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The latest update is out from Cape Range Ltd. ( (AU:PFM) ).
Platformo Ltd reported a challenging September 2025 quarter for its subsidiary Biztrak, with a 30% drop in revenue due to deferred demand for its e-invoicing services following a revised compliance timeline by the Malaysian Inland Revenue Board. Despite the setback, the company managed to reduce costs and participated in strategic industry events to strengthen its market presence and broaden its solution offerings. The company’s cash position was impacted by weaker cash collections and one-off payments, but cash receipts showed improvement in October.
More about Cape Range Ltd.
Platformo Ltd operates a technology business through its subsidiary Biztrak Business Solutions Sdn Bhd, which is a software development and distribution company based in Malaysia. Biztrak offers products to assist enterprises in managing their business and serves customers across several Asian countries.
Average Trading Volume: 12,232
Technical Sentiment Signal: Sell
Current Market Cap: A$6.26M
See more data about PFM stock on TipRanks’ Stock Analysis page.