Queste Communications Ltd (ASX:QUE) has released its monthly cash flow report for the month ended 31 October 2026, disclosing consolidated cash and cash equivalents of $2,801,000 at month end, with the company maintaining a 59.86% interest in ASX-listed Orion Equities Limited.

Key Points

  • Company-only cash and cash equivalents at 31 October 2026 stood at $15,000, up from $6,000 at the start of the month.
  • Consolidated cash and cash equivalents at month end were $2,801,000, compared to $2,861,000 at the previous month end.
  • Company-level net cash from operating activities for October 2026 was $9,000; consolidated net cash from operating activities was nil for the month.
  • Payments to related parties and their associates included in operating activities totalled $16,000 for the current month.
  • Total available funding at month end was $70,000 at the company level, comprising $15,000 cash and $55,000 in unused financing facilities.

October 2026 Cash Flow Statement Details

At the company level, staff costs for October 2026 were $21,000, with administration and corporate costs of $2,000. Other operating receipts, described as recovery of staff costs under shared office arrangements, amounted to $33,000 for the month. Interest and other costs of finance paid were $1,000. The year-to-date figures for the four-month period showed company-level staff costs of $110,000 and administration and corporate costs of $47,000. The consolidated year-to-date net cash used in operating activities for the four months was $125,000, while consolidated year-to-date net cash used in investing activities was $877,000.

Financing Facility and Related Party Payments

According to the filing, Orion Equities Limited and Queste Communications have entered into a loan agreement under which Orion Equities may advance up to $450,000 to Queste Communications. The loan is unsecured, matures on 31 December 2027, and accrues interest at 10% per annum. At month end, the total facility amount was $450,000 with $395,000 drawn, leaving $55,000 unused. The aggregate amount of payments to related parties and their associates included in operating activities for the current month was $16,000.

Consolidated Investing Activities and Controlled Entity Disclosure

The filing states that Queste Communications holds a 59.86% interest in Orion Equities Limited, unchanged from 30 September 2026, and that Orion Equities is a controlled entity under applicable accounting standards. As a result, the consolidated columns in the monthly cash flow report incorporate the cash flows of both entities. For the consolidated four-month year-to-date period, payments to acquire investments totalled $996,000 and proceeds from the disposal of investments were $119,000. The monthly cash flow report was authorised by Executive Director and Company Secretary Victor Ho on 10 November 2026.