Yojee Reports 9% Revenue Growth, $2.66M Loss Amid MOSAIC Development Surge

Financial Performance and Strategic Focus

Yojee Limited (ASX: YOJ) has reported a half-year revenue increase of 9% to $390,026 for the six months ended 31 December 2025, marking a steady progression in its transition to a software-first business model. This growth was entirely driven by software subscription revenues, reflecting the company’s deliberate exit from lower-margin contracts and non-core business lines.

Despite the revenue uptick, Yojee’s net loss after tax widened significantly by 41% to $2.66 million. The increased loss primarily stems from accelerated investment in the development and commercialisation of its next-generation MOSAIC platform, alongside transaction expenses related to the formation of the SmartYojee joint venture. Share-based payment expenses also contributed to the higher costs.

MOSAIC Platform and Joint Venture Progress

The MOSAIC platform, Yojee’s AI-driven freight forwarding solution, remains the core focus of the business. The company capitalised $1.1 million in intellectual property investment during the period, underscoring its commitment to building a disruptive logistics technology ecosystem. The platform is currently in robust beta testing with foundational partners in Australia, aiming for a full commercial launch by mid-2026.

In parallel, Yojee formalised a joint venture named SmartYojee Pty Ltd, holding a 51% stake. This JV focuses on customs technology integration within the MOSAIC platform for the Australian and New Zealand markets. The joint venture has already triggered share issuances as part of its formation, with further milestones pending.

Capital Management and Leadership Strengthening

Financially, Yojee is well-positioned with a strong cash balance of $6.18 million and no debt, providing a runway of over 10 quarters based on current cash outflows. The company also achieved a 20% reduction in net operating cash outflows compared to the prior corresponding period, reflecting disciplined cost control and operational efficiency initiatives.

To support its ambitious growth plans, Yojee has bolstered its leadership team with key appointments including Frank Guerra, a logistics veteran with over 45 years’ experience, joining the Board as a Non-Executive Director. Additionally, Robert Cotter was appointed Chief Growth Officer to spearhead global commercial expansion, and Julien Evano joined as Chief Technology Officer to lead engineering efforts.

Outlook and Market Positioning

Yojee’s strategic pivot towards a high-margin SaaS model and its focus on AI-powered logistics solutions position it well within a rapidly evolving industry. The MOSAIC platform’s promise of proactive, autonomous operational support could redefine supply chain management if commercialised successfully. However, the company’s widened losses highlight the investment intensity and execution risks inherent in this transformation phase.

Investors will be watching closely as Yojee approaches the commercial launch of MOSAIC and progresses joint venture milestones, which will be critical to validating its growth trajectory and capital efficiency.