SIV Capital Posts Positive Cash Flow, Eyes Acquisition Amid ASX Suspension
SIV Capital Limited reported a positive net cash flow for Q4 FY25 and holds $8.177 million in cash, while evaluating a new acquisition opportunity despite ongoing ASX suspension.
- Positive net cash flow of $133,000 in Q4 FY25
- Cash and deposits total $8.177 million at quarter end
- One-off insurance claim and asset sale boosted cash flow
- Payments to related parties include directors’ and legal fees
- Securities remain suspended since December 2024 pending ASX compliance
Quarterly Cash Flow Highlights
SIV Capital Limited has reported a positive net cash flow from operating activities of $133,000 for the fourth quarter ending June 30, 2025. This brings the full-year net operating cash flow to $428,000, a modest but encouraging figure supported by one-off inflows including a $500,000 insurance claim settled earlier in the year and $191,000 from the sale of recovered rental assets in the latest quarter.
The company’s cash position remains robust with $8.177 million in cash and interest-bearing deposits at quarter end, providing a solid liquidity buffer as it navigates ongoing operational and strategic challenges.
Related Party Payments and Corporate Governance
Disclosures reveal payments to related parties amounting to $50,000 in directors’ fees and $5,000 in legal fees paid to Tobin King Lateef, a firm where director Bede King is a partner. These payments are routine but underscore the importance of transparency in governance, especially given the company’s current regulatory status.
Strategic Moves Amid Regulatory Suspension
SIV Capital’s securities have been suspended from ASX quotation since December 18, 2024, following the exchange’s determination that the company’s operations did not meet the requirements for continued listing. The suspension remains in place as SIV works to satisfy ASX’s compliance conditions, particularly around operational adequacy.
Despite this setback, the company is actively evaluating an acquisition prospect that aligns with its strategic criteria. While details remain sparse, this move signals management’s intent to revitalize operations and potentially restore market confidence.
Looking Ahead
SIV Capital continues to provide periodic disclosures to keep the market informed, adhering to ASX Listing Rules despite the suspension. The company’s ability to leverage its cash reserves and successfully execute an acquisition will be critical factors in its path forward.
Bottom Line?
SIV Capital’s cash resilience and acquisition pursuit offer hope, but ASX suspension clouds near-term outlook.
Questions in the middle?
- What are the specifics and timeline of the acquisition prospect under evaluation?
- How and when does SIV Capital plan to meet ASX requirements to lift the suspension?
- What operational changes will the company implement to ensure sustainable cash flow post-acquisition?
