Zimi Surges with 367% Revenue Growth and $1.85M Capital Boost
Zimi Limited reported a remarkable 367% increase in quarterly revenue alongside a successful $1.85 million capital raise and completion of its manufacturing relocation, setting the stage for accelerated growth in the smart home IoT sector.
- 367% increase in invoiced revenue to $1.045 million
- Completed $1.85 million capital raising, strengthening cash reserves
- Manufacturing relocation finalized with production underway
- Launched redesigned Zimi Pro app and advanced next-gen product development
- Board remuneration adjusted to reflect company scale and governance
Strong Revenue Growth and Operational Recovery
Zimi Limited (ASX – ZMM) has delivered a standout performance in the September 2025 quarter, reporting invoiced revenue of $1.045 million, a 367% increase from the previous quarter and a 422% jump year-on-year. This surge reflects the company’s successful fulfillment of backorders and restored product availability following its manufacturing transition.
The completion of the manufacturing relocation to a new contract facility equipped with advanced automation has been pivotal. This move not only accelerated production but also enhanced consistency and quality, enabling Zimi to meet growing customer demand more efficiently.
Capital Raising and Financial Position
In tandem with operational improvements, Zimi secured gross proceeds of $1.85 million through an equity capital raise, netting $1.73 million after costs. This infusion boosted cash reserves to $745,000 by quarter-end, providing a stronger financial foundation to support ongoing operations, product development, and working capital needs.
Despite operating cash outflows of $1.1 million during the quarter, the company expects improved cash flow in coming quarters, supported by secured sales orders, anticipated R&D tax incentive refunds, and stable production capacity.
Product Innovation and Market Positioning
Zimi’s product development momentum continues with the launch of a redesigned Zimi Pro app for Apple users, offering enhanced functionality and a more intuitive interface. This app upgrade lays the groundwork for the forthcoming next-generation Senoa Matter product range, which promises higher margins through new technology platforms and cost structures.
The appointment of a new product manager aims to streamline production, manage the expanding product portfolio, and support sales network education, critical steps as Zimi scales its offerings in the competitive smart home IoT market.
Governance and Board Remuneration
Reflecting its evolving scale and complexity, Zimi’s board undertook a remuneration review. Non-executive directors have agreed to forgo cash payments in favor of scrip, supporting capital efficiency while maintaining governance standards. Shareholder approval for these arrangements will be sought at the upcoming Annual General Meeting.
CEO Jordan Tentori highlighted the quarter’s achievements as a demonstration of operational resilience and strategic progress, positioning Zimi well to capitalize on expanding market opportunities.
Bottom Line?
With operational momentum and financial backing, Zimi is poised for growth; but upcoming cash flow trends and product launches will be critical to watch.
Questions in the middle?
- How will the next-generation Senoa Matter products impact Zimi’s margins and market share?
- What are the risks if operating cash outflows persist despite capital raising and R&D incentives?
- How will the board’s remuneration changes influence investor confidence and governance?
