Latest Flexiroam (ASX:FRX) News

Rare earths, scandium and biotech stocks led the week’s gains, while a rights issue sent Green & Gold Minerals sharply lower. Large capital raisings, mine funding and takeover activity kept resources at the centre of investor attention.

FBR and Thrive Tribe fell heavily as investors weighed fresh funding and unproven commercial targets. Government contracts, recurring revenue and data centre plans gave the technology sector some stronger stories.

FlexiRoam has delivered its first full-year statutory profit and positive operating cash flow since listing, despite a 25% revenue decline. The ASX-listed connectivity company enters FY27 with more cash, a recurring revenue-heavy mix and a collection of recently signed agreements still to deploy.

Small technology shares delivered a mixed week, with Cycliq and Identitii leading the biggest reported gains while several companies fell despite new deals or technical progress.
Investors rewarded stronger cash results, but continued to question losses, new share issues and early-stage projects.

FlexiRoam has inked a two-year deal with Dragonpass, embedding its eSIM data rewards into a major hotel loyalty program and marking its first foray into travel loyalty and hospitality.

FlexiRoam Limited (ASX:FRX) reported a statutory net profit after tax of $0.7 million for FY26, reversing a $2.0 million loss in FY25, driven by a pivot to higher-quality recurring revenue and operational discipline.

Pentanet led the technology board with a 53.33% weekly rise, while Ava Risk Group and Acusensus also posted strong gains. Software subscriptions, AI tools and cloud services drove many company updates, but some early share-price gains faded.

FlexiRoam has landed a two-year master agreement with Etihad Airways to provide global connectivity for staff, aircraft data, and pilot iPads, reinforcing its enterprise growth strategy.

Nanoveu led the week after live drone trials, while Gratifii slumped on deal changes and X2M dropped after a discounted capital raising. Across the tech board, buyers backed real revenue, cash receipts and contract wins, but punished dilution, legal noise and weak post-gap trading.

FlexiRoam has inked a three-year agreement with a major Australian payments group to supply SIM and eSIM connectivity for payment terminals, projecting up to A$0.44 million in annualised recurring revenue by end-2027.

Small-cap tech trading split into two clear camps this week: profit-backed winners and capital-raising laggards. Big contracts, rising recurring revenue and a major takeover kept money flowing into selected names.

FlexiRoam has inked a non-binding MoU with a major global telecommunications player to jointly pursue enterprise and MVNO opportunities using its AI-powered eSIM platform, marking a strategic channel expansion.