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ZIMI Ltd ( (AU:ZMM) ) has provided an announcement.
Zimi reported a solid March 2026 quarter, with invoiced revenue of $170,000, up 14% year on year, and customer receipts rising 64% to $454,000. The company also secured its largest single project order to date, a roughly $547,000 Homecorp contract for Senoa products in the Cienna apartments, underpinning total unfulfilled purchase orders of $597,000.
Management continued to aggressively reduce operating costs, cutting staff, administration and lease payments compared with the prior year quarter, and said normalized manufacturing now allows greater focus on growth initiatives. Zimi renewed key Connectivity Standards Alliance credentials in Japan to speed product certification for its Senoa Matter program and launched its ‘Ask Zimi’ AI sales and support agent, moves that strengthen its technology platform and customer engagement while positioning it to benefit from rising smart home adoption by property developers.
More about ZIMI Ltd
Zimi Limited is an Australian IoT technology company focused on enhancing connectivity of electrical devices in settings ranging from individual homes to high-rise buildings. The company develops and supplies smart home solutions, including its Senoa product range, targeting developers and residents seeking simple, affordable smart home functionality in modern residential construction.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.78M
For detailed information about ZMM stock, go to TipRanks’ Stock Analysis page.