
Aspermont delays cash flow target over $1.5M
- Aspermont has delayed its expected sustainable operating cash flow positivity from Q3 FY26 to H2 FY27.
- The company share price rose to $1.61 following the financial guidance update.
- Extended sales cycles for two major contracts worth over $1.5 million drove the timeline revision.
Aspermont (ASX:ASP) has delayed its positive operating cash flow target to the second half of fiscal year 2027.
The company previously expected to reach a sustainable positive operating cash flow by the third quarter of fiscal year 2026.
The revision follows extended sales cycles for two enterprise contracts collectively worth more than $1.5 million.
The company also brought forward investment costs for its data & intelligence business plan into calendar year 2026.
Management stated that the revised timeframe provides a prudent base case with material pipeline upside.
Following the announcement, the Aspermont share price was up at $1.61.
The company expects first revenues from its Data & Intelligence plan in 2027 before releasing further details.