Latest Mobility News

Visionflex ended the September quarter with A$657,000 in cash and estimated funding for just 2.1 quarters, while aged care subscription losses drove a 25% fall in reported ARR. Revenue edged higher and costs improved, but the company now needs hardware wins to become recurring income before liquidity tightens further.

Felix Group lifted contracted ARR 10.6% year on year to $13.5 million in Q1 FY27, led by Nexvia and enterprise expansion. The software company ended September with $1.5 million in cash and estimated funding of just 1.12 quarters before the latest capital raising is fully available.

SportsHero says its rebuilt HeroPlay Gaming Universe is nearly ready for a November commercial launch after adding commerce, vouchers, payments and digital entertainment products. The expansion broadens the platform materially, but the next test is whether those capabilities translate into transaction revenue before cash burn becomes more pressing.

Oakridge International reported a $267,000 operating cash outflow for the September quarter, leaving $343,000 in cash and an estimated 1.28 quarters of funding. The healthcare technology company expects collections and customer orders to improve cash flow, while evaluating additional funding and continuing to manage a potential historical claim from Teko International.

Pure One Corporation Limited (ASX:P1E) ended September with A$1.219 million in cash after a A$5.971 million quarterly outflow. The company reports A$7.302 million in unused financing facilities, but its stated funding coverage remains just 2.32 quarters at the latest burn rate.

Sunshine Metals has advanced three Queensland development threads, with Liontown’s preliminary study outlining $179.8 million in estimated net operating cashflow after capital and Mt Moss still targeting first gold in mid-2027. The gains come with a funding question, as the company held $15.2 million in cash at quarter-end and has a financing update due in November.

Hiremii’s revenue fell 11.1% to A$7.056 million in Q1 FY2027 as adjusted EBITDA slipped further into loss, testing the company’s transition towards AI-powered workforce intelligence. The new AQYR brand and two platform launches offer a growth narrative, but cash discipline remains central with A$1.789 million of total available funding.

Capstone Copper delivered a record eighth consecutive quarter of adjusted EBITDA, while strong copper prices drove a sharp reduction in net debt. But production is now expected at the low end of 2026 guidance, costs at the high end and capital spending has risen by US$40 million.

Group 6 Metals has lifted Dolphin Tungsten Mine processing to a quarterly record as underground mining begins supplying fresh ore. The stronger operating performance came with lower grades and concentrate output, leaving the next quarter’s test firmly focused on grade, delivery and cash generation.

Spacetalk’s active Mobile subscriber base rose 20% to 61.4k in the September quarter, but revenue fell 32% to $3.1 million as device sales, App revenue and Schools income declined. The $10 million placement lifted cash to $5.2 million, although the company reported only 1.4 quarters of funding at its current operating cash burn.

Resources & Energy Group has signed the definitive Maranoa mining agreement under which Rembrandt Mining will fund all development, processing and rehabilitation capital. The quarter also delivered high-grade drilling results across East Menzies, although REZ produced no gold and cash fell to A$734,000.

Ark Mines’ updated Sandy Mitchell study outlines a 26-year rare earths and heavy minerals operation with a post-tax NPV of A$883 million. The economics are substantial, but depend on refined garnet pricing, uncommitted funding, further approvals and metallurgical work.