SIV Capital Reports $110K Operating Cash Deficit in Q1 FY26

Quarterly Cash Flow Overview

SIV Capital Limited has disclosed its quarterly cash flow report for the period ending 30 September 2025, revealing a modest negative net cash flow from operating activities of $110,000. Despite this operating cash outflow, the company maintains a substantial cash position with $8.07 million in cash and cash equivalents on hand.

The absence of investing or financing cash flows during the quarter suggests a period of operational conservatism, with no new acquisitions, disposals, or capital raising activities reported. This steady cash reserve provides a buffer as the company navigates ongoing challenges.

Corporate Governance and Related Party Payments

Payments to related parties amounted to $50,000, primarily reflecting directors’ fees. This disclosure aligns with ASX transparency requirements and indicates ongoing corporate governance activities despite the company’s suspended trading status.

ASX Suspension and Market Implications

SIV Capital’s securities have been suspended from quotation since 18 December 2024 due to non-compliance with ASX Listing Rules, specifically relating to the adequacy of its operations. The ASX has made clear that reinstatement will only occur once the company satisfies the relevant listing requirements.

While the company continues to provide periodic disclosures to keep the market informed, there remains no update on the timeline or strategy for resolving the suspension. This ongoing status poses a significant hurdle for shareholder liquidity and market confidence.

Looking Ahead

With a solid cash reserve but negative operating cash flow, SIV Capital appears to be in a holding pattern. The company’s ability to restore compliance with ASX rules and resume trading will be critical to its future prospects. Investors will be watching closely for any strategic moves or operational improvements that could unlock value and lift the suspension.