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HALO Builds Subscription Momentum Despite Brokerage Revenue Drop

5:38pm on Friday 30th of October, 2026 AEDT • Financial Technology
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HALO Builds Subscription Momentum Despite Brokerage Revenue Drop

5:38pm on Friday 30th of October, 2026 AEDT
Key Points
  • Quarterly revenue fell to $2.93 million from $3.71 million
  • Subscription revenue rose to $1.02 million as brokerage weakened
  • $5.34 million of convertible notes issued at 12.5% annual interest
  • Quarter-end cash of $3.07 million equated to 2.09 quarters of funding
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