TradeWindow (TWL) AGM 2025 summary

Opening remarks and agenda

• Chair welcomed shareholders, outlined meeting format, and confirmed quorum was met.

• Chair and CEO addressed shareholders, outlining the agenda: executive updates, financial review, Q&A, resolutions, and voting.

• Meeting agenda included financial review, strategy update, outlook for FY 2026, and formal resolutions.

Financial performance review

• Trading revenue reached $8.0 million, up 30% year-on-year, with annual recurring revenue up to $8.9 million.

• EBITDA loss reduced to $1.5 million, down 77% from the previous year; EBITDA breakeven achieved in March.

• Net loss after tax decreased to $3.5 million, a 56% improvement year-on-year.

• Cash and cash equivalents at year-end were $0.4 million, strengthened by a $600,000 private placement.

• Average monthly cash consumption reduced from $0.5 million to $0.2 million.

Board and executive committee updates

• CEO and an independent director were absent due to illness; presentations delegated accordingly.

• Auditors and legal counsel attended online, with senior management present.

• Board comprises experienced leaders with backgrounds in technology, finance, and governance.

• Senior leadership team includes expertise in finance, strategy, operations, and global scaling.