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Simble Solutions Limited (ASX:SIS), a leader in energy and sustainability software, announced quarterly customer cash receipts totaling $445,000 for the quarter ending 30 June 2026, maintaining a cash balance of $1.395 million. The company is progressing with the deployment of its SimbleSense energy intelligence platform across 69 UK sites for fuel retailer Ascona Group under a $760,000 three-year contract, having completed 62 installations with rollout expected to finish by early August 2026. Additionally, Simble successfully deployed its CarbonView sustainability reporting platform to Serenitas, a residential property operator, under a $130,000 contract.
Key Highlights
- Simble Solutions Limited (ASX:SIS) provides global energy and sustainability software solutions focused on energy efficiency, sustainability reporting, and renewable energy development.
- Reported $445,000 in quarterly customer cash receipts and held $1.395 million in cash as of 30 June 2026.
- SimbleSense rollout for Ascona Group in the UK is 90% complete with 62 of 69 sites installed; contract valued at $760,000 over three years, with completion targeted for early August 2026.
- CarbonView platform fully deployed to Serenitas, managing 31 residential land lease communities across four Australian states, under a $130,000 three-year agreement.
- SimbleConnect meter management network expanded by 7% this quarter, adding 842 meters for a total exceeding 12,980 meters managed via partnership with Intellihub.
- Simble employs 17 staff: 8 full-time equivalents in Australia and the UK, 8 in the Vietnam tech team, plus one part-time executive.
SimbleSense Deployment at Ascona Group Nears Completion
During the quarter, Simble Solutions focused on deploying its SimbleSense integrated hardware and software platform to UK-based independent fuel retailer Ascona Group. The three-year contract, valued at $760,000 (approximately A3370,000), covers installation of SimbleSense as the group-wide energy intelligence solution across Ascona’s UK network of over 60 locations. By 30 June 2026, 62 of 69 sites had been installed, marking roughly 90% completion. The company aims to complete the rollout by early August 2026, entering the final project phase.
Under this agreement, Simble provides real-time energy intelligence access for site and area managers throughout Ascona’s network. The commercial terms include an average upfront hardware cost of A$5,000 ( A32,500) per site, alongside recurring annual software license fees aligned with Simble’s pricing structure. Installation began in October 2025, making the June quarter a period of intense deployment. This progress highlights Simble’s capability to scale its platform and execute large multi-site projects, critical for securing similar energy management contracts.
CarbonView Platform Fully Deployed to Serenitas Residential Communities
In April 2026, Simble signed a three-year subscription agreement valued at $130,000 with Serenitas, a leading Australian residential land lease community operator and developer. The CarbonView platform was fully deployed during the quarter, supporting Serenitas’ portfolio of 31 communities across New South Wales, Victoria, Queensland, and Western Australia. This national footprint underscores the enterprise-level scope of the engagement within the residential property sector.
CarbonView was tailored to Serenitas’ organizational structure to enable comprehensive emissions reporting across Scope 1, 2, and 3 categories for all communities nationwide. This multi-scope capability addresses complex sustainability compliance challenges faced by large property portfolio operators. Simble views Serenitas as a strategic reference client, positioning the deployment as a foundation for further growth in the property and community living market. The successful implementation demonstrates CarbonView’s ability to serve enterprise clients with complex, geographically dispersed assets.
SimbleConnect Meter Management Expands via Intellihub Partnership
Simble’s SimbleConnect meter management and monitoring solution continued its growth in the June quarter through its partnership with Intellihub, a key Australian channel partner. The company added 842 meters this quarter across Intellihub’s client base, including the Royal Automobile Association (RAA) in South Australia. This 7% quarterly increase brings total meters under management to over 12,980, reflecting strong adoption in the Australian commercial and industrial sectors.
The steady growth in meters highlights the recurring revenue potential of SimbleConnect and ongoing network expansion. This momentum supports Simble’s energy efficiency and monitoring revenue streams and is especially relevant ahead of the company’s advanced technology initiatives, such as the NanoSensor technology acquired in December 2025.
Q2 FY26 Cash Receipts and Operating Cash Flow
Simble reported $445,000 in customer cash receipts for the quarter ended 30 June 2026, representing revenue across its diverse platforms and services. Net cash used in operating activities was $299,000, indicating customer receipts exceeded cash burn by $146,000. The cash balance stood at $1.395 million, including $739,000 (before costs) from Tranche 2 of a capital raise announced on 29 December 2025, approved on 24 March 2026, and completed on 14 April 2026.
The difference between cash receipts and net operating cash burn offers insight into Simble’s liquidity and operational efficiency. The $445,000 in receipts confirms active revenue generation, while the $299,000 cash burn reflects ongoing costs to support growth and deployments. The capital raise proceeds provide additional runway for expansion. Investors should consider operational cash burn trends as the company advances.
Completion of Next Nano Acquisition and NanoSensor Technology Evaluation
In the quarter, Simble completed acquisition of exclusive rights to patented NanoSensor technology via Next Nano Pty Ltd, announced on 29 December 2025 and approved on 24 March 2026. The acquisition closed on 14 April 2026 alongside Tranche 2 of the equity raise. Simble is now conducting a structured evaluation program to assess the NanoSensor platform’s commercial potential across multiple applications, though no specific milestones or timelines have been disclosed.
This acquisition expands Simble’s technology portfolio beyond SimbleSense and CarbonView. The evaluation program aims to identify new commercial opportunities within energy and sustainability sectors. The patented technology may offer competitive advantages, but commercial pathways remain under review. Investors will monitor future updates on this program and related commercialization plans.
UK Market Growth and Trial Initiatives with Forecourt and Retail Clients
Beyond Ascona Group, Simble expanded trial and pilot projects in the UK during the quarter. The company initiated trials with additional forecourt clients selecting SimbleSense for site-wide energy intelligence. Separately, a trial with a major clothing retailer concluded successfully, leading to rollout agreements for three stores with plans to expand to over 40 sites, leveraging energy insights from sub-metering.
These trials illustrate Simble’s multi-channel UK market approach, building pipelines beyond large anchor customers. Successful trials may convert into significant multi-site deployments, diversifying customer segments beyond fuel retail into retail and commercial sectors, reducing concentration risk and supporting long-term growth.
European Market Development and Multiple Trial Agreements from Industry Conference
In June 2026, Simble participated in the Annual European forecourt conference, engaging with numerous prospective clients in the European fuel retail and forecourt sectors. This led to five trial agreements for the SimbleSense energy intelligence and metering solution. The company’s presence at this key industry event is advancing its positioning and awareness within European markets.
These trial agreements contribute to Simble’s European go-to-market pipeline, potentially converting into contracts and recurring revenues in future quarters. Additionally, Simble received orders from multiple channel partners and customers in Australia and the UK during the quarter, including Origin Zero, Frazer Walker, MTA Energy (Australia), and Feilo Sylvania, Shepherd Neame, Nisa Retail (UK), evidencing broad channel partner engagement across regions.
Workforce Structure and Related Party Payments
As of the update, Simble employs 17 staff excluding non-executive directors: 8 full-time equivalents in Australia and the UK, 8 in Vietnam’s technology team, and 1 part-time executive. This distribution reflects a lean operational model with concentrated technology development in Vietnam and commercial operations in primary markets.
During the quarter, related party payments totaled $79,000, comprising $48,000 in directors’ fees and salaries to executive directors and $31,000 in non-executive director fees. These payments comply with ASX listing rule 4.7C.3 and align with the remuneration report disclosed in the company’s 18 March 2026 annual report, ensuring transparency and governance compliance.
Strategic Positioning in Energy and Sustainability Software Market
Simble Solutions delivers integrated global energy and sustainability software across energy efficiency, sustainability reporting and carbon management, and renewable energy development. The company supports the global Net Zero transition, aligning with regulatory and corporate sustainability demands in Australia, the UK, and Europe. Its product suite includes SimbleSense for real-time energy management, CarbonView for carbon and sustainability reporting, and the newly acquired NanoSensor technology platform, addressing multiple customer needs in energy measurement, emissions tracking, and cost reduction.
Simble’s hybrid distribution model combines direct sales and channel partnerships, enabling access to commercial, industrial, and SME customers across multiple regions. While NanoSensor technology commercialization is in early stages, SimbleSense and CarbonView provide established revenue streams. This diversified portfolio positions Simble for near-term revenue growth and longer-term expansion through advanced technology development.
