Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%
Lithium
43.36
0.12%
Gold
2,756.40
0.09%
Copper
4.36
(0.11%)
Oil
70.46
0.03%
Bitcoin
69,220.59
(1.4%)
FTSE 100
8,110.10
(0.61%)
Nikkei 225
38,226.50
(0.72%)
Dow Jones
41,763.46
(0.46%)
Iron Ore
102.30
(1.33%)
USD/AUD
0.66
(0.11%)
Hang Seng
20,461.53
0.16%

Scout Security (ASX: $SCT) announces strategic quarterly performance update

Scout Security's Quarterly Financial Update


Scout Security (ASX:SCT) has released its quarterly financial performance report for the period ending 30 September 2024. The company reported cash receipts of AU$264k and an annualized recurring revenue of AU$1.12m. Strategic developments included a AU$4.4m recapitalization and the signing of a letter of intent to acquire Roo Inc.

Overview and Future Prospects for Scout Security


Scout Security has made significant progress in reinforcing its financial and strategic position during the September 2024 quarter. With cash receipts of AU$264k, the company has an annualized recurring revenue of AU$1.12m. Strategic efforts included a AU$4.4m recapitalization, converting debt to equity, and the signing of a letter of intent for the acquisition of Roo Inc. The company's recapitalization aims to strengthen its financial standing and support strategic acquisitions. Additionally, Scout completed a Rights Issue and Placement, raising AU$1 million, with plans for an additional AU$950k funding. The consolidation of issued capital streamlines equity and enhances financial transparency. Industry recognition as a top 5 no-contract home security company by CBS Essentials underscores Scout's competitive edge. Looking ahead, Scout anticipates improved cash flows and is in discussions to refinance existing loans, expecting additional cash reserves from the Roo Inc. acquisition. The company's focus on partnerships and recurring revenue streams positions it for future growth and market expansion.

Executive Commentary on Scout Security's Progress


First revenue was received from a partnership with Intelligent Monitoring Group post-quarter end. The company expects improved operating cash flows due to increased cash receipts and reduced operating expenditures.

SCOUT SECURITY LIMITED
SCT | ASX | Consumer Discretionary
0.0070(+0%)
At close 31/10 (AEDT)
Market cap
$0
Volume
0
DY Yield
PE Ratio
52 Week Range
-
1YR Return
N / A

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