Simble Solutions reported steady cash flow and operational growth in Q4 FY25, alongside a strategic acquisition and capital raise to bolster its energy intelligence offerings.
- Q4 cash receipts of $772k and closing cash balance of $645k
- Conditional acquisition of Next Nano Pty Ltd pending March 2026 shareholder approval
- Secured a $2.65m two-tranche placement, with $950k received to date
- Commenced rollout of SimbleSense platform with UK-based Ascona Group under a $760k contract
- Expanded meter management in Australia with Intellihub, adding 1,663 meters in the quarter
Quarterly Financials and Capital Raise
Simble Solutions Limited (ASX, SIS) closed the December 2025 quarter with a cash balance of $645,000, supported by $772,000 in cash receipts from customers. The company reported a modest positive net cash flow from operating activities of $28,000, reflecting ongoing operational stability amid expansion efforts. To underpin its growth ambitions, Simble secured firm commitments for a $2.65 million placement in two tranches, with $950,000 already received and the remainder subject to shareholder approval expected in March 2026.
Strategic Acquisition to Enhance IoT Capabilities
In a significant strategic move, Simble announced a conditional acquisition agreement to acquire Next Nano Pty Ltd, a company licensed by Macquarie University to commercialise advanced nanosensor technology. This acquisition aims to expand Simble’s Internet of Things (IoT) capabilities, particularly in e-skin and nano robotics, positioning the company at the forefront of emerging sensor technologies. The deal is pending shareholder approval, with a meeting anticipated in March 2026.
Operational Growth and Market Expansion
Operationally, Simble continues to build momentum. The rollout of its SimbleSense energy intelligence platform commenced with the UK’s Ascona Group, following a three-year contract valued at approximately $760,000. This deployment covers over 60 Ascona locations, aiming to provide real-time energy insights to site managers. Meanwhile, in Australia, Simble’s partnership with Intellihub saw an 18% quarterly growth in meters under management, adding 1,663 meters to reach a total of nearly 11,000. Additional orders were received from a diverse range of Australian and UK customers, underscoring broad market acceptance.
Supply Chain and Workforce Updates
Simble also navigated supplier changes smoothly, with Wattwatchers Pty Ltd, one of its IoT hardware suppliers, being acquired by EPX. The company confirmed no disruption to supply arrangements. The workforce remains lean and distributed, with 18 employees across Australia, the UK, and Vietnam, balancing technical development and commercial operations.
Looking Ahead
With the Next Nano acquisition and capital raise poised to close pending shareholder approval, Simble is positioning itself to accelerate innovation in energy and sustainability software solutions. The company’s focus on integrating cutting-edge nanosensor technology could open new growth avenues, while ongoing contract rollouts and meter management expansion provide a solid operational foundation.
Bottom Line?
Simble’s upcoming shareholder vote and integration of nanosensor tech will be pivotal for its next growth phase.
Questions in the middle?
- Will the Next Nano acquisition receive shareholder approval as anticipated in March 2026?
- How will the integration of nanosensor technology impact Simble’s product offerings and market position?
- What are the company’s plans to sustain and accelerate meter management growth beyond current partnerships?