Companies / FCT

FIRSTWAVE CLOUD TECHNOLOGY LIMITED

ASX:FCTSoftware & Services
2.13B shares on issueASX (delayed) · as of 28 July 2026$0.008price · delayed$17.0Mmarket cap · indicative
C
Dilution grade

Share count grew 24% in 24 months; runway 4–8 quarters; options/rights overhang 15% of shares

Cash runway5.8 quarters of funding
Share-count growth (24m)24.4%
Raise cadence (24m)1 cash raise
Options & rights overhang15.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

FIRSTWAVE CLOUD TECHNOLOGY LIMITED's ordinary share count grew 24.4% between May 2024 and February 2026, to 2.13B shares. The company raised capital once in the 24-month window for total proceeds of A$2.9M, most recently in September 2025 for A$2.9M. Options and rights on issue could convert into 321M new shares, equal to 15.1% of the current share count, with 0% in the money at the current share price. At the March 2026 quarter the company reported A$1.1M in available cash, covering 5.8 quarters at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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15.1%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
5.8 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 2.13B per ASX (delayed) (28 July 2026).
1.80B1.92B2.04BDec 24Sept 25July 26Cash raise · 23 Sept 2025

Cash runway

5.8 qtrs
More than four quarters of funding at the recent spend rate.
$1.1M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
3 July 20263H · cancellationFCT : ORDINARY FULLY PAID2.13BAppendix 3H
4 May 20263G · unquotedFCT : ORDINARY FULLY PAID2.13BAppendix 3G
2 Apr 20263H · cancellationFCT : ORDINARY FULLY PAID2.13BAppendix 3H
16 Feb 20262A · quoted issueFCT : ORDINARY FULLY PAID2.13BAppendix 2A
23 Jan 20263G · unquotedORDINARY FULLY PAID2.12BAppendix 3G
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

1 cash raise in the last 24 months · 1 in the last 12 months

$2.9M
Capital raise
23 Sept 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

15.1%
Total overhang · of current shares
0.0%
In the money · at current price
320.6M
Potential new shares
—
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
10 Apr 2026Daniel MaherSell———3Y notice
23 Dec 2025Roger BuckeridgeOther20.0M——3Y notice
23 Dec 2025Daniel MaherOther—20.0M—3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

7 July 2026$PFirstWave Extends Telstra Federal Government Agreement Deal
3 July 2026Notification of cessation of securities - FCT
22 June 2026Change of Auditor
5 June 2026$PResponse to ASX Aware Query
28 May 2026$PFirstWave Shareholder Webinar
25 May 2026FirstWave Shareholder Update Webinar Notification
22 May 2026Response to ASX Aware Letter
14 May 2026$PFCT secures $1.85m licence deal with Services Australia
13 May 2026$PTrading Halt
12 May 2026$PPause in Trading
12 May 2026$PUpdate to the Quarterly Report and Appendix 4C
12 May 2026$PResponse to ASX Price and Volume Query
4 May 2026Notification regarding unquoted securities - FCT
30 Apr 2026$PFY26 Q3 Activity Report and Appendix 4C
22 Apr 2026$PFCT Wins Banobras with AI-Powered Compliance Managemen
17 Apr 2026Change of Director's Interest Notice - D Maher
17 Apr 2026Proposed issue of securities - FCT
10 Apr 2026Results of Extraordinary General Meeting
2 Apr 2026Notification of cessation of securities - FCT
19 Mar 2026Change in substantial holding

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.