Cleartronic, Inc. reported a significant increase in financial performance for the three months ended December 31, 2025, with revenues rising 29.5% to $1,252,539 compared to $967,324 in the same period of the previous year. The growth was primarily driven by increased revenue from the ReadyOp and Alastar platforms, which saw a rise from $851,301 in 2024 to $1,004,282 in 2025. Additionally, sales of ReadyOp hardware products increased from $21,395 to $29,500, and consulting fees surged from $94,628 to $218,757, reflecting heightened consulting activity.

The cost of revenue decreased to $174,963 from $214,938, contributing to a gross profit of $1,077,576, up from $752,386 in the prior year. Operating expenses, however, increased by 10.7% to $894,787, primarily due to a rise in administrative expenses linked to an increase in headcount and general business costs. Selling expenses decreased significantly from $53,089 to $25,927, attributed to reduced advertising costs. The company reported a net income of $184,463 for the quarter, a turnaround from a net loss of $59,468 in the same quarter of 2024.

Operationally, Cleartronic's employee headcount has increased, reflecting the company's expansion efforts, particularly following the acquisition of assets from Alastar, Inc. in August 2024. This acquisition, valued at $50,000, included a client list classified as an intangible asset, which is expected to enhance the company's service offerings. The company continues to support existing Alastar clients while integrating its functionalities into the ReadyOp platform.

In terms of cash flow, Cleartronic generated $147,634 from operations during the quarter, a notable improvement from a cash outflow of $164,714 in the previous year. The company ended the period with cash and cash equivalents of $1,270,073, compared to $685,013 at the end of December 2024. The increase in cash flow was driven by the net income and adjustments for non-cash items, despite increases in accounts receivable and prepaid expenses.

Looking ahead, Cleartronic remains focused on expanding its market presence and enhancing its product offerings. The company plans to continue transitioning Alastar functionalities into the ReadyOp platform while pursuing new client acquisitions. Management expressed optimism about future revenue growth, supported by the ongoing demand for its software solutions and consulting services.

About Cleartronic, Inc.

Cleartronic, Inc. develops communication software and hardware solutions, including the proprietary ReadyOp and ReadyMed platforms, serving government, healthcare, and enterprise markets. The company offers web-based emergency management, secure healthcare communication, and IP gateways for unified group communications. Its business model focuses on SaaS subscriptions, hardware sales, and licensing, leveraging proprietary technology, strategic acquisitions, and contract manufacturing to provide cost-effective, integrated communication solutions.

This description was generated via AI from an annual report. Updated 9 months ago.

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