Latest Platform Launch News

Way2VAT is betting that its new Way2Invoice platform, Coupa distribution and Go-Global partnership can convert product momentum into recurring revenue, while a 15% cost reduction begins to address ongoing cash burn. Quarterly revenue was broadly flat at A$1.90 million, with A$3.05 million in cash and A$5.20 million of debt drawn at quarter end.

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.

Change Financial delivered record quarterly PaaS revenue and pushed active cards beyond 172,000 in the September quarter, while operating cash flow turned positive. The broader revenue result softened as higher-margin one-off licence work fell away, but the company retained its FY27 net cash flow positive outlook.

Yojee has expanded its MOSAIC freight software customer base to 17 signed agreements, with five customers now processing live jobs after the platform’s July commercial launch. The company has $11.2 million in cash and no debt, but must now turn early usage into billable activity.

Adveritas lifted annualised recurring revenue 47% to $17.9 million while building new customer channels through its SME platform, US partner Vaudit and ChatGPT ad-fraud detection. The growth story is developing alongside a sharp cash-burn warning, with the company reporting 0.82 quarters of funding before its post-quarter-end placement.

Kinatico has started FY27 with SaaS revenue up 17.8% and cash 21.8% higher, while its expanded compliance platform moves into production with Civeo and new customers. The company is also pursuing an exclusive childcare partnership with OWNA, but the commercial terms remain undisclosed.

Thrive Tribe Technologies has repositioned WooBoard and REFFIND towards defence and workforce software, but its FY26 annual report flags a material uncertainty over the company’s ability to continue as a going concern. The pivot follows a $3.66 million loss, $2.57 million operating cash outflow and another $1 million placement after year-end.

Dataworks has completed a A$3.0 million placement, issuing 25 million shares at A$0.12 each as it moves to fund working capital, government program delivery and platform development. Shareholders now face the next stage of the raising, with a 1-for-10 entitlement offer opening on 28 September.

Activeport says revenue across Software, Network and Services is tracking above FY26 average levels in the opening quarter, while a completed restructure has cut annualised costs by $2 million. Underlying quarterly cash consumption is also reported to be 34% lower, although the company has not disclosed absolute revenue or cash figures.

SportsHero Limited reported a dramatic surge in revenue to AU$1.05 million for FY26, driven by new telco partnerships and the HeroPlay gaming platform launch, while losses increased 29% as the company ramped up marketing and development costs.

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.

IMEXHS Limited has swung to a profit of $66,200 in 1H FY26, driven by a 17% revenue increase and a surge in underlying EBITDA to $1.27 million. The company’s AI-native radiology platform and Latin American partner expansion underpin growth amid ongoing sector liquidity challenges.