Codeifai Reports 16% Revenue Growth and Launches Four Self-Service SaaS Products

Strong Revenue Growth Amid Cost Discipline

Codeifai Limited (ASX:CDE) has posted a 16% revenue increase in the second quarter of 2026 compared to the previous quarter, while slashing operational costs by 58%. This marks a significant step in the company’s shift from product development to a commercialisation phase, with its self-service SaaS platform now fully operational.

Four Self-Service SaaS Products Now Live

The company’s product suite now includes QuantumAI Secure, ConnectQR, ProtectCode, and BrandReporter, all available through dedicated websites. This self-service model allows Codeifai to sell repeatedly at low incremental cost, a core advantage of SaaS economics. The free ConnectQR tier alone has attracted 7,313 accounts globally, generating 179,848 QR code scans across markets including the United States, Australia, India, and the Philippines, all achieved organically without a direct sales force.

User Conversion and API Integration Focus

With a substantial free user base established, Codeifai’s immediate commercial challenge is converting these users into paid subscribers across ConnectQR’s premium tiers and the ProtectCode and BrandReporter offerings. ProtectCode has also enhanced its commercial appeal by launching a public REST API, enabling integration with ERP, warehouse, and packaging line systems. This positions the company well ahead of the GS1 Sunrise 2027 transition and the emerging EU Digital Product Passport regulations, which will require serialised product data and traceability.

Intellectual Property Strengthened

Adding to its commercial momentum, Codeifai’s QuantumAI Secure trademark was accepted by IP Australia in May 2026. This acceptance bolsters the company’s intellectual property position in the quantum-secure communications and payments market, an area of increasing strategic importance given the rise of quantum computing threats.

Capital Raise and Financial Position

Following a successful capital raise of $770,000 completed in late July 2026, Codeifai enters the second half of the year with approximately seven quarters of funding available, combining cash reserves and unused finance facilities. The company continues to manage loan facilities, including a $750,000 loan from J F Houston Holdings with shareholder-approved conversion options. Directors’ fees and salaries amounted to $90,000 for the quarter, reflecting disciplined cost management alongside growth initiatives.

CEO Emphasises Execution

Executive Chairman and CEO John Houston highlighted the company’s progress: “Codeifai has done the hard work of maturing its platform, and 2026 is about disciplined commercialisation. With four self-service products live, a substantial and international self-service user base, and our QuantumAI Secure intellectual property strengthened, the pillars are in place. Our job now is execution, converting adoption into revenue while managing the business with discipline.”