Cleartronic, Inc. reported a significant increase in revenue for the fiscal year ending September 30, 2025, with total revenues reaching $4.1 million, a 31.26% increase from $3.1 million in the previous year. The growth was primarily driven by a substantial rise in revenue from the ReadyOp platform, which saw an increase from $2.4 million in 2024 to $3.7 million in 2025. However, this was partially offset by a decline in sales of ReadyOp hardware products, which dropped from $672,000 to $85,000. The company also experienced an increase in consulting fees, which rose from $39,200 to $326,920, attributed to heightened contract development activities.

Despite the revenue growth, Cleartronic reported a net loss attributable to common stockholders of $195,255 for the year, an improvement from a loss of $313,273 in the prior year. The loss before income taxes was $154,219, compared to a loss of $272,125 in 2024. The company’s gross profit margin improved to 78.23%, up from 72.29% the previous year, reflecting better cost management despite an increase in operating expenses, which rose by 32.72% to $3.4 million, largely due to payroll and benefits costs associated with new employees from the acquisition of the Alastar platform.

In terms of strategic developments, Cleartronic acquired assets from Alastar, Inc. for $50,000, which included intellectual property and a client list that will be amortized over five years. The company continues to enhance its ReadyOp platform by integrating functionalities from the Alastar platform. Additionally, Cleartronic is in the process of obtaining FedRAMP authorization to expand its services to federal government agencies, which is expected to be completed by early 2026.

Operationally, Cleartronic's customer base has expanded, with over 1,000 end-users in the U.S. and 18 foreign countries utilizing its AudioMate IP gateways. The company reported a total of 229,238,517 shares of common stock outstanding as of September 30, 2025, with a market value of approximately $2.4 million based on a closing stock price of $0.00105. The company has also recorded a significant increase in deferred revenue, which rose to $1.79 million from $1.37 million, indicating a growing backlog of contracted services.

Looking ahead, Cleartronic's management remains cautious, noting that future revenues and results may be influenced by various factors, including reliance on third-party technology providers, market conditions, and competition. The company plans to continue developing its product offerings and expanding its market presence while managing operational costs effectively.

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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