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How Axtec’s $1.25M Cash and Cost Cuts Fuel PropTech Ambitions

7:08pm on Friday 30th of January, 2026 AEDT Technology
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How Axtec’s $1.25M Cash and Cost Cuts Fuel PropTech Ambitions

7:08pm on Friday 30th of January, 2026 AEDT
Key Points
  • Cash position steady at $1.25 million after equity placement
  • Annualised cost base reduced by approximately $400,000
  • Convertible notes worth $1.275 million to refinance debt on favourable terms
  • New partnership with Ray White Avi Kahn Group to embed PaySure
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