Australia's Connexion Mobility rises on upbeat Q4 results

Connexion Mobility

23/07/2026 02:26

** Shares of Connexion Mobility CXZ.AX rise 4.8% to A$0.022, on track for best day since July 17 if gains hold
** Fleet management software developer reports 12% rise in Q4 revenue to A$3.4 million ($2.38 million) and 83% rise in Q4 net profit before tax to A$1.1 million
** Shares earlier rose as much as 9.5%, marking their highest level since July 2
** Stock down 15.4% YTD, including moves in the current session
     
     
($1 = 1.4296 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))