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FirstWave reaches positive EBITDA as AI products move towards launch

11:53am on Friday 30th of October, 2026 AEDT • Cybersecurity software
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FirstWave reaches positive EBITDA as AI products move towards launch

11:53am on Friday 30th of October, 2026 AEDT
Key Points
  • A$1.90 million quarterly revenue and A$190,000 positive EBITDA
  • Cash fell from A$1.33 million to A$83,000 by 30 September
  • A$1.06 million placement completed after quarter end
  • Open-AudIT 7 beta and AI fault-diagnosis product moving towards launch
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