Spenda FY26 R&D Estimate to Exceed $1.75M

Summary by 6ix AI

Spenda Limited has announced that its estimated R&D tax offset for the fiscal year will exceed a significant amount. This preliminary estimate is subject to the completion of necessary tax registrations and returns. The Non-Executive Chairman highlighted efforts to improve cash flow and reduce operational costs, which have been progressing well. The anticipated cash injection is expected to enhance the company's financial position further.

Written by 6ix AI from the company’s filing. How 6ix writes summaries