FirstWave Cloud Technology (#ASX: $FCT) has secured a $1.85m agreement with Services Australia for its AI-powered compliance management software. This follows FirstWave securing a two-year licensing agreement (circa US$250k) with Banobras, one of Mexico's leading banks, for its AI-Powered Compliance Management platform. Read more: cdn-api.markitdigital.com/ap…

FirstWave Cloud Technology Limited (#ASX: $FCT) highlighted Banobras, one of Mexico's largest state-owned development banks, as a recent AI-powered compliance management customer during its shareholder webinar. VP of Product Sharon Hunneybell said the USD $250K contract was secured through channel partner Omniprint. The deal represents the first significant Latin American deployment under the Grupo Salinas relationship, providing a reference customer for future opportunities across financial services, critical infrastructure and the public sector. Watch the Webinar: youtube.com/watch?v=ew2-538g… #ASX #FCT #FirstWave #CyberSecurity #ComplianceManagement #AI #DigitalInfrastructure #CriticalInfrastructure #FinancialServices #LatinAmerica #EnterpriseSoftware #NetworkManagement #InvestorUpdate

FirstWave Cloud Technology Limited (#ASX: $FCT) is pleased to provide a video recording of its recent Shareholder Update. The webinar provided an update on the financial results for the Q3 period and post-quarter performance. Highlights of the webinar included details of two landmark customer wins, which support the momentum of its AI-powered compliance management suite, and a product update by Sharon Hunneybell, VP of Products. Q3 FY26 results (quarter ended 31 March 2026): ✅ Net operating cash inflow of $1.40m ✅ Customer receipts of $2.01m, up 125% quarter on quarter ✅ Closing cash of $1.30m; ARR of $5.81m ✅ Quarterly revenue of $1.48m at a 94% gross margin ✅ 5,991 Open-AudIT 6 downloads since launch with a 6.09% commercial trial conversion rate Post-quarter highlights (as at 28 May 2026): ✅ Services Australia — $1.85m AI-powered compliance management contract, paid in full ✅ Banobras, Mexico — approximately $350,000 (USD 250,000) contract over two years, with year one payment received ✅ Q4 revenue of approximately $2.7m, which  is already ahead of Q3 and Q2 ✅ Further $500k per annum in operating cost savings secured ✅ CEO Danny Maher to remain in Latin America to oversee the closing stages of a highly strategic deal Watch the Webinar: youtube.com/watch?v=ew2-538g… #FirstWave #ASX #FCT #CyberSecurity #ComplianceManagement #AI #SaaS #EnterpriseSoftware #NetworkManagement #ITOperations #DigitalTransformation #TechStocks #ASXInvestors #SmallCaps #InvestorUpdate

Australia's leading business pages have featured FirstWave Cloud Technology (#ASX: $FCT) as its AI-powered compliance and network management software continues to gain traction across government and global markets. The announcement was covered in the Daily Telegraph, Herald Sun, Courier Mail, and the Adelaide Advertiser. Highlights include: ✅ $1.85M agreement with Services Australia to deploy AI-powered compliance management software across the agency's network infrastructure ✅ Two-year licensing deal (~US$250,000) with Banobras, one of Mexico's leading banks ✅ Partnership with America Movil, Mexico's largest telecommunications company, to upgrade its cybersecurity software ✅ Software deployed on NASA's Artemis II mission — the crewed lunar flyby that splashed down safely in April 2026 ✅ North American expansion underway, led by Gold Coast tech entrepreneur Danny Maher With blue-chip clients across government, banking, and big tech, FirstWave is building serious global momentum. Read article 👉 couriermail.com.au/business/… #ASX #Cybersecurity #TechNews #AICybersecurity #InnovationLeadership #FirstWaveCloud #FirstWave #ServicesAustralia #NorthAmerica #Artemis #NASA

FirstWave Cloud Technology Limited (#ASX: $FCT) invites shareholders to join a webinar at 9.00am (AEST) on Thursday 28 May 2026. The webinar will cover FirstWave's Q3 FY26 financial results, following the release of the Company's Quarterly Activity Report and Appendix 4C on the 30 April 2026, and will also include a product update. The session will be hosted by First Wave Chair Roger Buckeridge, Managing Director and CEO Danny Maher, and VP of Products Sharon Hunneybell. A Q&A session for investors will follow the presentation. It is anticipated that the webinar will run for 25 minutes, however we have allocated 35mins to allow for additional time for the Q&A session, if required. To pre-register for the webinar, please use the link below: us02web.zoom.us/webinar/regi…

The 2026-27 Federal Budget includes a $2.1 billion, five-year investment in Services Australia — $1.7 billion of which is directed at front-line staff and digital infrastructure upgrades. FirstWave (#ASX: $FCT) is pleased to see that investment, having recently secured a $1.85M agreement to deploy its AI-powered compliance management software across Services Australia's network environment. Read more: cdn-api.markitdigital.com/ap… #ServicesAustralia #FederalBudget #AI #Cybersecurity #ASXStocks #Cybersecurity #NetworkSecurity #Compliance #AI #MachineLearning #SaaS #B2BTech #TechStocks #asxnews

FirstWave Cloud Technology (#ASX: $FCT) has secured an agreement with Services Australia for the provision of its AI powered compliance management software. Under the terms of the agreement, Services Australia will licence FirstWave’s software for perpetuity, with further expected revenue growth. The structure is as follows: ✅ Software licence $1.331 million ✅ Professional Services $0.143 million ✅ Annual support $0.378 million Read more: cdn-api.markitdigital.com/ap… #FirstWave #QuarterlyReport #ASXStocks #Cybersecurity #NetworkSecurity #Compliance #AI #MachineLearning #SaaS #B2BTech #TechStocks

FirstWave Cloud Technology (#ASX: $FCT) delivered a cash flow positive quarter in Q3 FY26, reporting net operating cash inflow of $1.40m and customer receipts of $2.01m, up 125% quarter-on-quarter. The result marks a notable shift following the Company’s Q2 restructuring and reflects early commercial momentum as FirstWave advances its AI-powered compliance software strategy. Read more: cdn-api.markitdigital.com/ap… #FirstWave #QuarterlyReport #Cybersecurity #NetworkSecurity #Compliance #AI #MachineLearning #SaaS #B2BTech #CashflowPositive

The Q3 FY26 quarter saw FirstWave (#ASX: $FCT) deliver a cash-flow positive quarter with net operating cash inflow of $1.40m and customer receipts of $2.01m — up 125% quarter-on-quarter. During the period, Open-AudIT 6 surpassed 5,991 downloads since launch and converted to 194 active sales leads. Subsequent to quarter end, FirstWave secured a two-year licensing agreement with Banobras, one of Mexico’s leading banks (circa US$250k) focused on AI Powered Compliance Management. Read more: cdn-api.markitdigital.com/ap… #FirstWave #QuarterlyReport #ASXStocks #Cybersecurity #NetworkSecurity #Compliance #AI #MachineLearning #SaaS #B2BTech #EnterpriseSoftware #TechStocks #DigitalTransformation #RecurringRevenue #NorthAmerica #LatinAmerica #InvestorUpdate #SmallCaps #GrowthCompanies

Global cybersecurity and network management company FirstWave Cloud Technology Limited (#ASX: $FCT) reports strong execution against its strategy to become an Al-powered compliance management software business. Q3 FY26 was the first full quarter operating under the restructured cost base and funding platform secured in Q2, and the Company used the period to deepen its Al development capabilities, expand its enterprise pipeline in North America and Latin America, and commence a conversion of that momentum into cash. Key Highlights: ✅ Open-AudIT 6 traction 5,991 downloads since launch, a 6.09% commercial trial conversion rate, and 194 active sales leads. The Company is now focused on converting this top-of-funnel demand into recurring commercial revenue. ✅ CSIRO and UniSC research collaboration FirstWave secured A$264k in RUIC research funding to develop production-ready Al/ML models for predictive compliance, leveraging live operational data from FirstWave's freemium user base of more than 150,000 organisations across 178 countries. ✅ R&D tax incentive funding received The Company received approximately $1.20m from its R&D tax offset program. Approximately $750k will be repaid to the R&D advance provider, with a similar advance expected at around the same time, broadly balancing the position. ✅ Half Year Financial Report Released 27 February 2026, confirming the Company's improved financial position and progress against strategic milestones. ✅ Extraordinary General Meeting Shareholders approved all resolutions supporting the Company's strategic direction and capital structure. ✅ CEO presence in North America CEO Danny Maher spent February and March in North America focusing on sales opportunities and restructuring the territory and more news from the region is expected. Read more: cdn-api.markitdigital.com/ap… #FirstWave #QuarterlyReport #ASXStocks #Cybersecurity #NetworkSecurity #Compliance #AI #MachineLearning #SaaS #B2BTech #TechStocks #RecurringRevenue #NorthAmerica #LatinAmerica #InvestorUpdate

FirstWave Cloud Technology (#ASX: $FCT) has secured a two-year AI-powered compliance software subscription contract with Banobras, Mexico’s national development bank, following a competitive tender process. Highlights: ✅ US$250K contract value (~A$350K) ✅ Delivered as software at 100% gross margin ✅ Contract term: April 2026 to March 2028 ✅ First public sector reference for AI-powered compliance strategy ✅ First significant deal via OmniPrinter channel (Grupo Salinas) The contract validates FirstWave’s AI-powered compliance management strategy, leveraging Open-AudIT, opConfig, NMIS and STM modules. Read more: cdn-api.markitdigital.com/ap… #FirstWave #FCT #CyberSecurity #AI #SaaS #RecurringRevenue #ASX #TechStocks #Compliance

FirstWave Cloud Technology Limited (#ASX: #FCT) has been awarded a two-year subscription contract with Banobras, Mexico's state-owned national development bank, following a competitive tender process. Key Highlights: ✅ FirstWave has won a competitive tender for a two-year software subscription contract with Banco Nacional de Obras y Servicios Públicos (Banobras), Mexico's state-owned national development bank. ✅ Total contract value USD250,000 (approximately AUD350,000) delivered as a software subscription at 100% gross margin. ✅ Contract commences April 2026 and runs to March 2028, with Banobras able to elect annual in advance or 2 year in advance payment. ✅ Solution comprises Al Compliance with Open-AudiT and further leverages opConfig, NMIS modules and STM. ✅ First significant public sector reference win for FirstWave's Al-powered compliance management strategy. ✅ First significant deal secured through channel partner OmniPrinter, a related company of Grupo Salinas - one of Mexico's largest corporate groups. Read more 👉 cdn-api.markitdigital.com/ap… #FirstWave #ASX #OpenAudit #SaaS #ARR #AICompliance #CyberSecurity #EnterpriseSoftware

FirstWave (#ASX: $FCT) has commenced the CSIRO’s and the Queensland Government’s Regional University Industry Collaboration Program (RUIC) to advance machine learning and AI capabilities within its network management platform. The initiative will focus on developing predictive analytics and anomaly detection features within NMIS, supporting customers with deeper network visibility, automated insights and improved operational resilience. The collaboration recently brought together a group of researchers and engineers from the University of the Sunshine Coast, working alongside FirstWave’s product and engineering teams to explore applied AI use cases in network management. FirstWave believes partnerships like this help ensure its platform continues to evolve alongside rapid developments in AI, while delivering practical and measurable benefits for enterprise provider customers. #FirstWave #NMIS #AI #MachineLearning #CSIRO #Innovation #Collaboration

FirstWave Cloud Technology (#ASX: $FCT) is now listed on the National AI Centre’s AI Directory. The AI Directory showcases Australia’s AI capabilities across industries and technologies, supporting stronger industry connections and collaboration across the national AI ecosystem. FirstWave’s inclusion reflects its ongoing development of AI-powered compliance and network management for its global portfolio of blue chip customers. Explore the directory: aidirectory.industry.gov.au/… Learn more or apply: aidirectory.industry.gov.au #ArtificialIntelligence #AIAustralia #AIDirectory #ASX #SaaS #CyberSecurity

FirstWave Cloud Technology (#ASX: $FCT) has announced multiple strategic updates, including the launch of its AI-driven Open-AudIT v6, and a significant CSIRO collaboration. FirstWave launched Open-AudIT v6 with a new free licensing tier, designed to drive commercial upgrades and monetise the estimated 150,000 organisations using the software. Early traction includes 5,991 downloads, a 6.09% trial-to-commercial conversion rate, and 194 active leads. Read more: smallcaps.com.au/article/fir… #ASX #FCT #SaaS #AI #Compliance

FirstWave (#ASX: $FCT) has entered into a $264,982 industry collaboration with the University of the Sunshine Coast and CSIRO to accelerate the commercial delivery of AI-powered compliance and network intelligence software. The initial project is delivered on a co-funded (in-kind and cash basis) under the RUIC program, with $168,982 being contributed by the University of the Sunshine Coast (supported by CSIRO), $48,000 contributed by the Queensland Government and $48,000 by FirstWave. Read more: cdn-api.markitdigital.com/ap…

FirstWave Cloud Technology (#ASX: $FCT) has entered into a funded industry collaboration with the University of the Sunshine Coast and CSIRO to accelerate the commercial delivery of AI-powered compliance and network intelligence software. Project highlights: ✅ Awarded funding for an initial $264,982 industry collaboration project to accelerate commercial Al-powered compliance and network intelligence. ✅ Includes collaboration with the University of the Sunshine Coast's Cyber Security Lab to develop production-ready Al and machine learning models. ✅ Accelerates FirstWave's strategic shift toward predictive, Al-driven compliance management, building on NMIS and Open-AudIT platforms. ✅ Supports monetisation of advanced Al capability across the estimated 150,000 organisations using FirstWave's free software in 178 countries. The project is focused on delivering commercially deployable enhancements that improve early threat detection, reduce downtime and strengthen network and security resilience for enterprise and government customers. Read more: cdn-api.markitdigital.com/ap…

FirstWave Cloud Technology (#ASX: $FCT) released its Quarterly Activities Report for the quarter ended 31 December 2025. The quarter focused on capital strengthening, debt repayment and the launch of AI-enabled compliance functionality within Open-AudIT, positioning the company for commercial execution in the periods ahead. Read more: cdn-api.markitdigital.com/ap…

Global cybersecurity and network management company, FirstWave Cloud Technology Limited (#ASX: $FCT) (FirstWave or Company), provides its Activity Report and Appendix 4C for the second quarter of FY26 ended 31 December 2025. Q2 was focused on a restructure, a capital raise and a pivot of the company to AI powered compliance management with a primary goal of monetising the significant base of organisations using FirstWave's free Open-AudIT product. Q2 Summary: ✅ Successful capital raise of $2.66m net of costs ✅ Operational restructure (cash cost of $500K, producing cash savings of $450k per quarter) ✅ The Company had $2.5m of receivables at the end of the quarter which should all be received in the upcoming quarter ($600K already received) ✅ Established $2.5m Loan Facility with Partners for Growth. Cash received 17th of December 2025. ✅ Full repayment of Formue Nord $2.5m convertible note plus interest ✅ Key renewals of NASA, Claro DR and Telmex with increased revenues ✅ Release of the first version of Open-AudIT with AI powered compliance management functions ✅ Continued development of the relationship with AWS and Ingram/Micro ✅ Further restructuring to align resources with current revenues and growth opportunities ✅ CEO to locate in North America for February and March to assess and accelerate sales opportunities ✅ R&D tax rebate not received in Q2 of this year due to restructuring to leverage the R&D advance facility, which along with associated restructuring costs, is the primary difference with the prior year - additional R&D funds of circa $450k plus a further $700k related to FY26 to be received in Q3 (total $1.15m - prior year $0m) Read more: cdn-api.markitdigital.com/ap…

FirstWave (#ASX: $FCT) has outlined the potential Annual Recurring Revenue uplift from converting a small portion of its global Open Audit user base to the new AI-powered commercial features. With an estimated 150,000 organisations using the software, even modest conversion rates present a material revenue opportunity. The company is targeting an average annual subscription of around AUD $15,000 per organisation, noting that pricing scales with device count. On this basis, converting just 1–2% of active users could potentially add $30m-45m in annual recurring revenue. As users upgrade — currently every 7.8 minutes — they will be exposed to the new features, supported by direct marketing from FirstWave. New organisations are also adopting the software every 40 minutes, expanding the pool of potential converters. The company emphasises that, under any reasonable pricing or conversion assumption, the rollout of these AI-driven capabilities represents a significant long-term growth opportunity. Watch the full webinar for the detailed breakdown. youtube.com/watch?v=p8rRPxrR… #FirstWave #ASX #OpenAudit #SaaS #ARR #AICompliance #CyberSecurity #EnterpriseSoftware