Slide 1: Q1 FY26 Quarterly Activities Report and Appendix 4C
Q1 FY26 Quarterly Activities Report and Appendix 4C 30 October 2025 | dubber.net This investor presentation has been approved for release to ASX by the Dubber Board of Directors 1
Slide 2: Disclaimer
Disclaimer This document has been prepared by Dubber Corporation Limited (Dubber) for information purposes about Dubber and its subsidiary companies (Dubber Group). The information contained in this document is not investment or financial product advice and is not intended to be used as the basis fo
Slide 3: Contents
Contents Key Messages – Q1 FY26 4 CEO Presentation 5 Q1 FY26 Financial Overview 12 FY26 Focus Areas 20 Q&A 3
Slide 4: Key Messages – Q1 FY26
Key Messages – Q1 FY26 • Reported positive net operating cashflow for Q1 FY26 (excluding exceptional cash outflows1) for the first time in Company history • Group is well capitalised with total available funds at 30 September 2025 of $14.5m, comprising cash balance of $9.5m, and $5m undrawn committe
Slide 5: CEO Presentation
CEO Presentation 5
Slide 6: Current Operational Priorities and Updates
Current Operational Priorities and Updates 1. Re-achieving Cash Flow Break-Even Target in FY26 • Driving revenue growth (Priority) • Cost out program continuing with efficiency gains • Real estate lease exits (largely completed) • Operational efficiencies / automation across the business • Legacy UK
Slide 7: Go-to-market strategy
Go-to-market strategy Enabling the best market channels for rapid growth • Tailor our products and marketing to go deeper into specific industry verticals • Add more CSPs with a focus on Recording as a Service (‘RAAS’) • Concentrate our engagement with partners who promote Dubber’s value – e.g. Crex
Slide 8: Communication Service Provider Updates
Communication Service Provider Updates Crexendo’s Netsapiens Integration and new Partnership • The Group has signed a new partnership agreement with Crexendo Inc and integrated with their Netsapiens platform. • Crexendo are one of the largest UCAS providers in North America operating over 6 million
Slide 9: Insight Agent to be launched in the coming quarter
Insight Agent to be launched in the coming quarter Insight Agent unlocks the hidden value in every conversation, delivering the intelligence to make smarter decisions, accelerate growth, and stay ahead—powered by Dubber’s sophisticated AI. 9
Slide 10: Insight Agent – natural language search and Agentic AI
Insight Agent – natural language search and Agentic AI 10
Slide 11: Insight Agent – natural language search and Agentic AI
Insight Agent – natural language search and Agentic AI 11
Slide 12: Q1 FY26 Financial Overview
Q1 FY26 Financial Overview 12
Slide 13: Reported Revenue growth by quarter
Reported Revenue growth by quarter Reported revenue by quarter • Q1 FY26 reported revenue of $9.4m, 12,000,000 • down 7% on prior corresponding period (pcp, Q1 FY25), and 11,000,000 • down 12% on prior quarter (Q4 FY25) primarily 10,000,000 driven by reduction in VMO2 revenues in Q1. 9,000,000 • Rec
Slide 14: Operating cashflow run-rate breakeven targeted in FY26
Operating cashflow** run-rate breakeven targeted in FY26 Revenue and Total Cash Based Costs* 30,000,000 • As previously announced to the market, FY26 operating cashflow run-rate will be impacted by 25,000,000 the non-renewal of the VMO2 contract. The Company expects to offset the loss of gross margi
Slide 15: Continued efficiencies are reducing direct cost expense
Continued efficiencies are reducing direct cost expense Direct Costs and Gross Margin 4,500,000 80.0% • Q1 FY26 annualised direct cost run-rate of $11.4m* 4,000,000 70.0% • Gross margin of ~70% achieved in Q1 FY26 reflecting ongoing reductions in underlying platform costs, 3,500,000 60.0% including
Slide 16: Operating costs continue to reduce
Operating costs continue to reduce • Operating Cash Based Costs* decreased 1% Operating Cash Based Costs* between Q4 FY25 and Q1 FY26 reflecting 25,000,000 ongoing cost efficiencies being delivered across all operational cost types in the business 20,000,000 • Q1 FY26 annualised operating cash based
Slide 17: Q1 FY26 Quarterly Cashflow
Q1 FY26 Quarterly Cashflow Q1 Q4 AU$m • Reported receipts of $12.4m in Q1 FY26 up from $11.9m in Q4 FY25 principally FY26 FY25 Receipts from customers 12.4 11.9 due to timing of receipts from customers. Other operating cash outflows (13.1) (12.4) • Operating cash outflows of $13.1m were up 6% from $
Slide 18: Q1 FY26 Quarterly Cashflow (continued)
Q1 FY26 Quarterly Cashflow (continued) • Excluding abnormal or non-recurring cash costs including historic AU$m Q1 Q4 Q3 FY26 FY25 FY25 tax repayments, costs related to the ongoing investigations into the misuse of funds, and restructuring costs normalised cashflows Receipts from customers 12.4 11.9
Slide 19: Investigation and recovery of funds
Investigation and recovery of funds • Dubber continues its focus on recovery of funds • ASIC investigation is ongoing and Dubber continues to provide assistance • Board sub-committee managing recovery efforts • Proceedings filed in Federal Court of Australia against former auditors BDO Audit (WA) Pt
Slide 20: FY26 Focus areas
FY26 Focus areas • Targeting underlying run-rate operating cashflow breakeven in FY26* • Uplifting customers to AI products • Growing sales • Business automation / cost reductions • Product evolution • Deploy new recorder across the customer base • Continue to increase features and value proposition
Slide 21: Q&A
Q&A 21
Slide 22: Appendix 4C Quarterly cash flow report
Rule 4.7B Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Name of entity DUBBER CORPORATION LIMITED ABN Quarter ended (“current quarter”) 64 089 145 424 30 September 2025 Consolidated statement of cash flows Current quarter Year to date $A’000 (3 months) $A’000 1. Ca
Slide 23: Consolidated statement of cash flows
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Consolidated statement of cash flows Current quarter Year to date $A’000 (3 months) $A’000 2.2 Proceeds from disposal of: (a) entities - - (b) businesses - - (c) property, plant and equipment 254 254 (d) investments - -
Slide 24: Consolidated statement of cash flows
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Consolidated statement of cash flows Current quarter Year to date $A’000 (3 months) $A’000 4.4 Net cash from / (used in) financing activities (792) (792) (item 3.10 above) 4.5 Effect of movement in exchange rates on (15
Slide 25: Appendix 4C Financing facilities
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B 7. Financing facilities Total facility Amount drawn at Note: the term “facility’ includes all forms of financing amount at quarter quarter end arrangements available to the entity. end $A’000 $A’000 Add notes as necessa
Slide 26: Compliance statement
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Compliance statement 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. 2 This statement gives a true and fair view of the matters disclosed. D