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How Scout Security’s $4.5M Recapitalisation Fuels Roo Inc. Acquisition Ambitions
1:12pm on Thursday 16th of October, 2025 AEDT
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Technology
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How Scout Security’s $4.5M Recapitalisation Fuels Roo Inc. Acquisition Ambitions
1:12pm on Thursday 16th of October, 2025 AEDT
Key Points
Half-year loss narrowed to $1.63 million from $2.06 million
Completed $4.5 million recapitalisation including rights issue and debt-to-equity conversion
Signed non-binding letter of intent to acquire Roo Inc., targeting EBITDA positivity
Recurring revenue growth and 29% reduction in operating cash outflows
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