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FirstWave Cloud Technology Ltd. (AU:FCT)
ASX:FCT
Earnings Data
Report Date
Aug 28, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
>-0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized meaningful operational and product progress: ARR growth (+2%), a very high gross margin (95%), successful launch of Open-AudIT 6 with rapid user growth (~50% increase to ~39,000 active users), early commercial traction (5,991 downloads, 6% trial conversion, 194 leads), a $2.6M net capital raise and a $2.5M loan facility, plus a strategic CSIRO/University AI collaboration with IP retained. Offsetting these positives are Q2 cash burn from restructuring, early-stage monetization (few initial paid conversions), a short-term decline in revenue explained by a one-off $380k sale in Q1, and pronounced share-price weakness driven partly by investor overhang and limited near-term public guidance. Management expects Q3 to be cash-positive and is focused on converting high lead volumes into enterprise deals. Overall, operational indicators and strategic initiatives appear to outweigh the near-term financial and market challenges.Company Guidance
ARR Growth
Annual Recurring Revenue (ARR) increased by 2% in Q2 driven by uplifts from existing customers and some small new customers, with churn materially reduced in the cyber business following stabilization of Telstra contract (new 1+1-year agreement).
High Gross Profit Margin
Gross profit margin at 95%, reflecting high margins in NMIS and Open-AudIT and improved profitability in the CyberCision business after removal of unprofitable ARR.
Restructuring Savings
Completed a business restructure delivering approximately $1.8 million per annum in run-rate savings (with associated one-time on-costs impacting Q2 cash burn).
Capital Raise and Financing
Raised $2.6 million net of costs and secured a $2.5 million, 3-year loan facility (matures 17 Dec 2028) used primarily to repay the Formue Nord convertible note, strengthening near-term funding.
Open-AudIT 6 Launch and AI Pivot
Released Open-AudIT 6 (AI-powered compliance management) to early adopters and publicly on 1 December; positions company pivot toward AI-driven compliance across product suite.
User and Engagement Growth
New commercial Open-AudIT site grew from under 200 users to ~20,000; legacy site activity shifted (26,000 -> 19,000) implying migration; combined active users across platforms reached ~39,000 (≈50% increase versus pre-launch).
Early Commercial Traction
Open-AudIT 6 recorded 5,991 explicit downloads, commercial trials converting at ~6% from free users, 194 leads currently in nurture, and first paid activations: 2 in Europe and 1 in Australia.
Research Collaboration and IP Control
Secured CSIRO and University of Sunshine Coast collaboration providing a full-time AI/ML expert, access to additional AI designers/developers and cyber labs to accelerate ML work on NMIS; intellectual property developed in the project is retained by the company.
Receivables and Near-Term Cash Outlook
Receivables of $2.5 million as at 31 Dec, with over $1 million already collected; management expects Q3 to be cash flow positive due to seasonal contract renewals and received funding.
Sales & GTM Strengthening
Focused push on North America and Europe with sales leadership strengthened (Craig Nelson returned to San Francisco) and efforts to monetize large enterprise opportunities where the company is more competitive.
AU:FCT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:FCT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Aug 29, 2025 | AU$0.02 | AU$0.02 | 0.00% |
Feb 27, 2025 | AU$0.02 | AU$0.02 | 0.00% |
Aug 29, 2024 | AU$0.02 | AU$0.02 | 0.00% |
Feb 27, 2024 | AU$0.03 | AU$0.03 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does FirstWave Cloud Technology Ltd. (AU:FCT) report earnings?
FirstWave Cloud Technology Ltd. (AU:FCT) is schdueled to report earning on Aug 28, 2026, TBA (Confirmed).
What is FirstWave Cloud Technology Ltd. (AU:FCT) earnings time?
FirstWave Cloud Technology Ltd. (AU:FCT) earnings time is at Aug 28, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What is the P/E ratio of FirstWave Cloud Technology Ltd. stock?
The P/E ratio of FirstWave Cloud Technology is N/A.
What is AU:FCT EPS forecast?
Currently, no data Available