Highlights

  • Simble Solutions reported annual recurring revenue (ARR) of AUD 997,000 across SimbleSense and CarbonView.
  • SimbleSense contributed AUD 745,000 of ARR, while CarbonView contributed AUD 252,000.
  • Intellihub added a further 544 meters since April, increasing total managed meters to 12,682.
  • The Ascona Group rollout has reached 52 of 69 sites, with completion targeted for July 2026.

Simble Solutions Ltd (ASX:SIS) has provided a business update outlining progress across its SimbleSense and CarbonView software platforms, alongside ongoing development of its NanoSensor technology initiative. The company reported annual recurring revenue (ARR) of AUD 997,000, reflecting continued customer deployments, platform adoption and expansion across existing contracts.

The update comes as Simble shares traded unchanged at AUD 0.007 during the afternoon session on 15 June 2026.

About Simble Solutions

Simble Solutions is a technology company focused on energy management, sustainability reporting and environmental monitoring solutions. The company operates through two primary software platforms: SimbleSense and CarbonView.

SimbleSense combines hardware and software to enable businesses to monitor and manage energy consumption in real time, while CarbonView provides carbon emissions and sustainability reporting capabilities for organisations facing evolving environmental disclosure requirements.

The company serves commercial, industrial and small-to-medium enterprise customers through direct sales and channel partnerships across Australia, the United Kingdom and Europe.

Alongside its software operations, Simble is also developing NanoSensor technology through its wholly owned subsidiary, Next Nano Pty Ltd.

Recurring Revenue Nears Seven-Figure Milestone

A key feature of the latest update was the continued growth in recurring revenue across the company's software platforms.

Simble reported total ARR of AUD 997,000, bringing the business close to the AUD 1 million milestone.

Of this amount, SimbleSense accounted for AUD 745,000, while CarbonView contributed AUD 252,000.

The company indicated that expanding customer deployments, increasing meter numbers and progressing rollout programs remain central to further recurring revenue growth.

Management noted that its immediate focus is on converting current customer activity into a broader and more sustainable recurring revenue base.

The update suggests that growth continues to be driven primarily through software subscriptions and ongoing customer engagement rather than one-off project revenue.

Intellihub Relationship Continues to Expand

One of Simble's key growth channels remains its partnership with Intellihub.

The company reported that Intellihub added another 544 meters between April and mid-June 2026.

As a result, the total number of meters operating under management through the SimbleSense platform has increased to 12,682.

The expansion includes activity across Intellihub's client base, including customers such as RAA in South Australia.

Management highlighted the importance of the channel partner model in supporting platform adoption and driving recurring software usage.

The continued increase in managed meters contributes to SimbleSense's installed base and supports future revenue opportunities tied to platform utilisation.

Ascona Rollout Advances Toward Completion

Simble also provided an update on the previously announced Ascona Group contract.

The agreement, which spans three years and carries a value of AUD 760,000 (£370,000), remains one of the company's larger customer deployments.

According to the company, installation work has now been completed at 52 of the planned 69 sites.

Management expects the rollout to be fully completed by July 2026.

Once the deployment is finalised, the sites are expected to generate approximately AUD 155,000 in annual software-as-a-service revenue.

The project demonstrates Simble's strategy of securing multi-site enterprise customers capable of generating recurring subscription income over extended contract periods.

Hugo Boss Pilot Progresses Into Broader Rollout

The company also highlighted further progress with Hugo Boss UK.

Following the successful completion of an initial pilot program, the deployment is now being expanded to three additional sites in Central London.

Simble indicated that a wider rollout covering more than 40 sites is expected later in 2026.

The transition from pilot project to broader deployment is notable because it illustrates the company's ability to convert trial programs into larger commercial opportunities.

For software businesses, successful pilot conversions can provide an important pathway toward recurring revenue growth and deeper customer engagement.

Management identified the Hugo Boss expansion as a positive example of this process in action.

CarbonView Rollout Nearing Completion

On the CarbonView side of the business, Simble reported that implementation work for Serenitas is approaching completion.

Serenitas operates 31 residential land lease communities across New South Wales, Victoria, Queensland and Western Australia.

The CarbonView subscription agreement carries a total contract value of AUD 130,000 over three years.

According to the company, deployment is expected to be completed before the end of June 2026.

The rollout contributes to the expansion of CarbonView's installed customer base and supports recurring subscription revenue growth within the sustainability reporting segment.

Management noted that ongoing customer implementations continue to strengthen the company's recurring revenue profile.

European Operations Continue to Contribute

The latest update also highlighted the growing role of Simble's European operations.

The company reported that Europe currently contributes AUD 369,000 of total ARR across SimbleSense and CarbonView.

This reflects ongoing commercial activity in the United Kingdom and broader European markets.

International growth remains an important element of Simble's strategy as it seeks to expand beyond Australia and increase penetration within overseas markets.

The Hugo Boss and Ascona contracts demonstrate the company's continued focus on enterprise opportunities within Europe.

As those deployments progress, management will likely continue monitoring opportunities to increase recurring revenue contributions from the region.

NanoSensor Development Program Progressing

Alongside its commercial software operations, Simble continues to advance its NanoSensor initiative.

The technology was acquired in December 2025 and is held through the company's wholly owned subsidiary, Next Nano Pty Ltd.

Management previously outlined a structured five-stage development pathway and confirmed that work is continuing across the various stages of the program.

The process covers sensor fabrication, capability testing, benchmark testing, functional prototype development and customer trials.

The company stated that capability-specific updates will be provided as individual workstreams mature.

While NanoSensor is not currently a material revenue contributor, management views the technology as a potential extension of Simble's broader capabilities in energy, sustainability and sensing technologies.

Balancing Current Revenue Growth with Future Technology Development

A recurring theme throughout the update was Simble's dual focus on expanding its current software business while investing in future technology opportunities.

Management indicated that near-term revenue remains centred on SimbleSense and CarbonView, which continue to generate recurring subscription income.

At the same time, NanoSensor is being developed as a potential longer-term growth platform.

The company believes the technology could provide a connection between its existing software expertise and future sensing applications.

This approach allows Simble to continue building its current revenue base while exploring additional technology pathways that could broaden its addressable market over time.

Key Priorities for the Remainder of 2026

Looking ahead, Simble outlined several priorities for the balance of the year.

These include completing the remaining Ascona and Serenitas rollout milestones, progressing the expanded Hugo Boss deployment and continuing meter growth through channel partners such as Intellihub.

The company is also focused on increasing ARR across both software platforms through customer expansion and rollout completion.

Additional sales and business development opportunities are being pursued in both Australia and Europe.

At the same time, management intends to continue advancing the NanoSensor development program alongside the established software business.

Collectively, these initiatives are aimed at supporting recurring revenue growth while strengthening the company's broader technology platform.

What This Means for Investors

Simble's latest update highlights continued execution across its software platforms, with ARR reaching AUD 997,000 and several customer rollouts progressing toward completion.

Growth in managed meters, expanding enterprise deployments and continued activity in Europe indicate ongoing commercial momentum across the business.

Meanwhile, the NanoSensor program provides a parallel technology development pathway that management believes could complement the company's existing software capabilities over time.

Investors are likely to continue monitoring recurring revenue growth, rollout completion milestones and future updates from the NanoSensor program as the company progresses through the remainder of 2026.