Key Highlights

  • Uscom reported cash on hand of about $2,000 at 30 September 2026.
  • Receipts from customers were nil in the quarter, following the sale of all of the company’s assets.
  • The operating cash outflow narrowed to about $5,000 from $187,000 in the previous period.
  • Management is maintaining the company for sale or strategic re-listing while it seeks a suitable acquisition.

Uscom Limited (ASX:UCM) has released its Appendix 4C quarterly Cash Flow report for the quarter ended 30 September 2026. The filing, dated 11 November 2026, describes a company whose Operating Activities have become minimal after the sale of all of its assets. Uscom was previously known for its medical monitoring technology, and its current report shows a Business now focused on preserving its listing and identifying a future direction.

Cash position and cash flows

The report shows cash and cash equivalents of $2,000 at the end of the quarter, up from $1,000 at the start. Receipts from customers were nil, the same as the previous period, and interest income of $1,000 was the only other operating line item of note. Administration and corporate costs were $6,000 for the quarter, which led to a net operating cash outflow of $5,000.

The operating outflow compares with $187,000 in the prior period, which reflects the wind-down of activity after the asset sale. The filing also records a $6,000 financing item described as a short-term Loan to Uscom Australia Pty Ltd. There were no investing cash flows in the quarter.

Expenditure and the end of product operations

Product Manufacturing and operating costs were nil in the quarter, down from $225,000 in the prior corresponding period. Administration and corporate expenses fell to $6,000 from the prior corresponding period, reflecting the scaling back of activity. The company has not reported any Research and Development or staff costs, which is consistent with a business that no longer runs the operations it used to fund.

Responses in the filing on future funding are marked as not applicable, because the business has been sold and operating activities have ceased. The company reports no unused financing facilities and no committed loan arrangements, leaving its available funding limited to the cash on hand.

Strategy and the questions still open

Management said the company is being maintained for sale and strategic re-listing, with the aim of improving Shareholder value. It is also continuing to seek an Acquisition that matches management’s commercial aspirations and shareholder expectations. The report does not identify a target or set out a timetable for a transaction.

Several questions remain open. The company’s cash balance is small relative to the operating outflow recorded in the quarter, and the report does not describe how ongoing costs will be met. Shareholders will be watching for an acquisition proposal, any Capital raising to fund it and the outcome of the company’s efforts to find a new business.

Final Word

Uscom is now a company with minimal cash, no Operating Revenue and a strategy built around a future acquisition or re-listing. The quarterly figures show that operating costs have been reduced sharply, but they also show a Balance Sheet with very little room to absorb further costs. The next Quarterly Report and any announcement of a transaction will indicate whether the company can secure a new direction.