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Enlitic Cuts Cash Burn 76 Percent, Secures A$15m Placement to Fuel SaaS Growth
8:34am on Friday 31st of July, 2026 AEST
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Healthcare Technology
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Enlitic Cuts Cash Burn 76 Percent, Secures A$15m Placement to Fuel SaaS Growth
8:34am on Friday 31st of July, 2026 AEST
Key Points
Net operating cash outflow reduced to US$0.7m in Q2 FY26
17 new client agreements signed, total contract value ~US$1.0m
Conditional A$15m placement and convertible note conversion secured
Pro forma cash balance expected at ~A$18m, debt-free post transactions
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Enlitic (ASX:ENL)
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