FlexiRoam’s Profitability Hinges on Cost Cuts and CEO’s Growth Strategy

A Turning Point for FlexiRoam

FlexiRoam Limited, a player in the telecommunications services sector, has reported a pivotal shift in its financial performance for the quarter ended June 2025. The company posted a positive EBITDA of $861,000 and a net profit after tax of $159,000, a marked improvement from the previous quarter’s loss. This turnaround is largely attributed to a disciplined cost management program that slashed operating expenses by nearly half.

The results signal a successful restructuring phase that has laid the groundwork for sustainable profitability. FlexiRoam’s gross profit margin stood strong at 66.6%, underscoring operational efficiency gains.

Leadership Stability with Founder at the Helm

In a move that underscores confidence in its strategic direction, FlexiRoam has appointed its founder, Jefrey Ong, as permanent Group CEO and Executive Director, effective August 1, 2025. Ong’s prior role as Interim CEO saw him guide the company through its critical restructuring, and his formal appointment is expected to provide leadership continuity and align closely with shareholder interests.

Ong’s employment terms include a base salary of $150,000 and a proposed incentive plan involving 40 million unlisted options, pending shareholder approval. This package reflects a commitment to long-term value creation and incentivizes performance aligned with company growth.

Financial Health and Cash Flow Dynamics

FlexiRoam’s balance sheet has strengthened, with net assets rising to $2.5 million and cash reserves at $2.8 million as of the announcement date. The company’s operating cash flow was impacted by a scheduled program to settle legacy vendor liabilities, amounting to approximately $630,000, which is expected to taper off by the end of Q2 FY26. Excluding these non-recurring payments, the underlying business cash flow was profitable, suggesting improved liquidity ahead.

The company holds an unsecured loan facility of $750,000 from CEO Ong, bearing a 12% interest rate and a 12-month maturity, which remains outstanding.

Strategic Outlook – Growth Through Innovation and Partnerships

Looking forward to FY26, FlexiRoam is focused on deepening enterprise partnerships to drive recurring revenues and expanding its client pipeline. A key pillar of its growth strategy is leveraging artificial intelligence to enhance user experience, create innovative sales channels, and boost operational efficiency.

Additionally, the company plans to scale its Connectivity-Platform-as-a-Service (CPaaS), targeting new business-to-business-to-consumer opportunities and recurring revenue streams. These initiatives aim to capitalize on the company’s newly profitable foundation and accelerate shareholder value creation.

While the company has no immediate plans to raise additional capital, it remains vigilant on funding requirements as it navigates the transition from restructuring to growth.