Companies / PIL

PEPPERMINT INNOVATION LIMITED

ASX:PILSoftware & Services
3.22B shares on issueASX (delayed) · as of 28 July 2026$0.004price · delayedmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 52% in 24 months; 8 cash raises in 24 months

Cash runway-0.3 quarters of funding
Share-count growth (24m)51.9%
Raise cadence (24m)8 cash raises
Options & rights overhang9.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

PEPPERMINT INNOVATION LIMITED's ordinary share count grew 51.9% between May 2024 and April 2026 to 3.22B shares. The company raised capital eight times in that 24‑month window for disclosed proceeds totalling A$3.5M, most recently A$2.1M in March 2026. Options and rights on issue could convert into 313M new shares, equal to 9.7% of the current share count, with the nearest expiry in March 2027 and 0% of current shares in the money. At the March 2026 quarter the company reported A$-226K in available cash, equivalent to -0.3 quarters of cover. 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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9.7%
Max option dilution
0.0%
ITM option dilution
5
Raises · last 12 months
-0.3 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 3.22B per ASX (delayed) (28 July 2026).
2.38B2.69B3.00BDec 24Sept 25July 26Cash raise · 3 Mar 2026Cash raise · 19 Feb 2026Cash raise · 4 Feb 2026Cash raise · 17 Dec 2025Cash raise · 19 Aug 2025Cash raise · 28 May 2025Cash raise · 11 Apr 2025

Cash runway

-0.3 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-226k 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
30 Apr 20262A · quoted issuePIL : ORDINARY FULLY PAID3.22BAppendix 2A
5 Mar 20262A · quoted issuePIL : ORDINARY FULLY PAID2.92BAppendix 2A
24 Feb 20263G · unquotedORDINARY FULLY PAID2.59BAppendix 3G
24 Feb 20262A · quoted issuePIL : ORDINARY FULLY PAID2.61BAppendix 2A
22 Feb 20263G · unquotedPIL : ORDINARY FULLY PAID2.59BAppendix 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

8 cash raises in the last 24 months · 5 in the last 12 months

$2.1M
Capital raise
3 Mar 2026
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

9.7%
Total overhang · of current shares
0.0%
In the money · at current price
312.6M
Potential new shares
Mar 2027
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

No director dealing notices (Appendix 3Y) on record.
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

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