Can Simble Solutions Turn Rising Revenue Into Profit with Next Nano Deal?
Simble Solutions Limited reported a 5.5% increase in revenue to $1.5 million for 2025 but saw its net loss widen by 41.6% to $1.7 million. The company is pursuing a strategic acquisition of Next Nano Pty Ltd to expand its IoT and nano sensor capabilities.
- Total revenue up 5.5% to $1.5 million
- Net loss increased 41.6% to $1.7 million
- SimbleConnect SaaS revenue doubled, SimbleSense SaaS declined
- Announced conditional acquisition of Next Nano Pty Ltd
- Two-tranche $2.65 million capital raise underway
Revenue Growth Amid Operational Challenges
Simble Solutions Limited has reported a modest revenue increase of 5.5% for the year ended 31 December 2025, reaching $1.5 million. This growth was driven primarily by a 10% rise in carbon reporting revenues and a remarkable 101% surge in SimbleConnect SaaS sales. However, these gains were partially offset by a 32% decline in SimbleSense SaaS revenue, attributed to the loss of a key customer due to administration.
Despite the revenue uptick, the company’s net loss expanded significantly by 41.6% to $1.7 million. Increased employee benefits expenses, software development costs, and general administration contributed to the widening loss. The company’s gross margin improved slightly, but overall expenses outpaced revenue growth.
Cash Flow and Capital Position
Simble Solutions managed to reduce net cash used in operating activities by 37%, down to $892,879, reflecting improved operational efficiency. The cash balance doubled to $644,947 by year-end, supported by a $500,000 capital raise in June 2025. The company’s net liabilities increased to $1.1 million, reflecting ongoing investment and operational costs.
Strategic Expansion into Renewable Energy and IoT
Looking ahead, Simble Solutions is actively expanding into renewable energy consulting, aiming to commence advisory services related to smaller renewable projects in the second half of 2026. This move aligns with its broader strategy to integrate energy intelligence with sustainability and carbon neutrality initiatives.
In a significant strategic development, Simble announced a conditional acquisition of Next Nano Pty Ltd, a company specialising in nano sensor technology licensed from Macquarie University. Next Nano’s technology, developed by Professor Noushin Nasiri, promises to enhance Simble’s IoT capabilities, particularly in e-skin and nano robotics sectors.
Capital Raise to Support Growth
To fund the acquisition and further growth, Simble is undertaking a two-tranche capital raise totalling $2.65 million. The first tranche of $950,000 has been partially received, while the second tranche of $1.7 million and the acquisition remain subject to shareholder approval at a meeting scheduled for 24 March 2026. The placement includes attaching options, offering investors potential upside over the next three years.
The company’s financial statements are currently under audit, with an expected emphasis on going concern, highlighting the challenges ahead as Simble balances growth ambitions with financial sustainability.
Bottom Line?
Simble Solutions’ next chapter hinges on shareholder approval of its Next Nano acquisition and successful capital raise execution.
Questions in the middle?
- Will the Next Nano acquisition deliver the anticipated technological edge and revenue growth?
- How will Simble manage its widening losses while scaling renewable energy consulting?
- What impact will the going concern emphasis in the audit report have on investor confidence?
