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TZ Limited ( (AU:TZL) ) has shared an announcement.
TZ Limited reported net cash used in operating activities of $830,000 for the March 2026 quarter, with customer cash receipts of $2.679 million and ongoing cost control across manufacturing, staff and corporate expenses. Revenue for FY26 is below budget due mainly to shipment timing and softer U.S. performance, but the company expects a stronger June quarter as delayed deliveries complete and existing orders convert.
The data centre security segment continues to show strong momentum, supported by modernisation projects, new orders including deployments via Wesco Anixter for Microsoft and an Australian government agency, and growing interest from rack manufacturers in integrating TZ’s locking and software at manufacture. Keyvision is performing in line with expectations with improved platform stability and offshore ambitions, while Smart Lockers and Smart Access remain the main source of recurring revenue, underpinned by new wins in education and corporate sectors and a solid sales pipeline.
More about TZ Limited
TZ Limited is an ASX-listed provider of smart locking, data centre security and access control solutions, serving data centres, education and corporate clients. Its portfolio includes smart cabinets, smart lockers and the Keyvision platform, with a growing focus on recurring software revenue and opportunities in both domestic and offshore markets.
Average Trading Volume: 79,785
Technical Sentiment Signal: Sell
Current Market Cap: A$13.07M
See more data about TZL stock on TipRanks’ Stock Analysis page.