Halo Technologies Holdings Ltd – Strategic Re‑orientation and FY25 Results
Halo Technologies Holdings Ltd (ASX: HAL) announced its full‑year results and strategic update on 27 February 2026. The company, listed on the ASX All Markets and trading at AUD 0.03 as of 23 February 2026, has undertaken a decisive shift in both geography and business model, positioning itself for scalable, capital‑efficient growth across the Asia‑Pacific region.
1. Strategic Focus on APAC Growth
Since the appointment of Peter Oxlade as Chief Executive Officer on 3 October 2025, HALO has realigned its strategic priorities. The announcement highlighted a renewed emphasis on Australian and broader APAC markets, underscored by a commitment to deepen B2B partnerships and expand its product suite for financial planners.
“The company’s new focus is on scalable, capital‑light B2B relationships in the APAC market, leveraging technology to drive growth without the overhead of legacy operations.”
The CEO’s vision is reflected in the company’s operational restructuring, which will reduce costs and free capital for product innovation and market expansion.
2. Capital‑Light Transition of UK Operations
A pivotal component of HALO’s strategy is the transition of its UK business to a capital‑light, technology‑only B2B model. According to the FY25 results:
- Direct UK cost savings: AUD 4.2 million
- Indirect Australian cost savings: AUD 1.8 million
- Capital injected into the UK business: AUD 1.3 million
This shift not only streamlines regulatory obligations—evidenced by the decision to return the UK FCA licence—but also lowers operating expenses and enhances the company’s ability to scale its technology platform across international markets.
3. Product Expansion – Managed Funds Launch
In November 2025, HALO launched Managed Funds in Australia, extending its platform’s capability to deliver a near‑complete universe of Australian managed funds to financial planners. This launch complements the existing offering of over 30,000 global equities and ETFs, broadening the addressable market within the financial‑planning sector and strengthening the company’s value proposition to B2B clients.
4. Financial Performance Overview
| Metric | FY25 | FY24 | % Change |
|---|---|---|---|
| Operating revenue | AUD 16.0 million | AUD 19.04 million | –16 % |
| Underlying EBITDA loss | AUD 10.93 million | AUD 10.65 million | –3 % |
| Net loss after tax | AUD 17.41 million | AUD 14.54 million | +16 % |
The decline in revenue is attributed to:
- Volatility in advisor numbers among B2B clients
- Reduced brokerage activity, especially in the first half of the year
- Broader market volatility impacting trading volumes
Despite the revenue contraction, the company has achieved significant cost efficiencies through its UK transition, reducing the cost base and improving the cost‑to‑revenue ratio.
5. Operational Highlights from the COO Address
Reuben Goodsell, Chief Financial Officer, delivered the COO’s address at the Extraordinary General Meeting, reiterating the company’s strategic pivot:
“We are simplifying HALO for sustainable, scalable growth. Our leadership structure has been realigned to partner‑led expansion, and our focus remains firmly on the Asia‑Pacific first.”
The COO emphasized the technological backbone of HALO’s offerings—HALO Global and HALO Trading—which deliver institutional‑grade analytical frameworks and global trade execution capability to everyday investors. By removing non‑core functions in the UK and concentrating on B2B technology, the company positions itself to capture emerging opportunities in the APAC market.
6. Outlook and Investor Implications
HALO’s market‑cap sits at AUD 8.76 million, with a current share price of AUD 0.03 and a 52‑week low of AUD 0.02. The company’s price‑earnings ratio is negative (–0.36), reflecting its loss‑making status but also indicating potential upside if the strategic initiatives translate into revenue growth.
Key drivers for future performance include:
- APAC Market Penetration – Expansion of B2B partnerships and localized offerings in high‑growth economies such as Singapore, Hong Kong, and Australia.
- Product Diversification – Continued roll‑out of managed funds and complementary investment products to broaden the platform’s appeal to financial planners.
- Operational Efficiency – Ongoing cost reductions from the UK transition and other capital‑light initiatives.
- Regulatory Alignment – Simplified regulatory footprint in the UK and potential for entry into other jurisdictions under the technology‑only model.
Investors should monitor the company’s ability to translate its strategic focus into measurable revenue growth while maintaining disciplined cost control. Given the current valuation metrics, HALO presents an opportunity for long‑term investors willing to absorb short‑term volatility in pursuit of a re‑engineered, growth‑oriented business model.
