Key Highlights
- Halo Technologies Holdings reported December 2025 quarter operating revenue of A$3.84 million and cash of A$3.66 million at 31 December 2025.
- Under chief executive Peter Oxlade, the company narrowed its UK approach to a technology-only business-to-business model.
- The company's announcement history includes a convertible note issue in October 2025 and plans announced on 2 July 2026 to issue further convertible notes.
Halo Technologies Holdings (ASX:HAL) is a Sydney-based financial technology company. According to its quarterly report released in January 2026, the company has narrowed its United Kingdom strategy to a capital-light, business-to-business technology model, while its announcement history shows repeated use of convertible notes for funding. The most recent quarterly figures covered here relate to the December 2025 quarter.
What the company does
Halo's website describes integrated global equities research and investment software for self-directed investors, self-funded retirees and financial professionals. Its offerings include company research tools, global trade execution, thematic model portfolios, account management across custody and CHESS-sponsored holdings, and adviser tools for tracking client portfolios. The company says it was founded in November 2017.
December 2025 quarter
In its quarterly activities report and Appendix 4C released on 30 January 2026, Halo reported operating revenue of A$3.84 million, slightly below the prior quarter, a decline it attributed to seasonal effects on brokerage revenue. Subscription revenue was steady at A$1.12 million, and cash at 31 December 2025 was A$3.66 million. The headline figures released with the report did not include an operating cash flow or quarterly spending total.
The company said that under new chief executive Peter Oxlade it had narrowed its UK approach to a technology-only B2B model designed to lower costs and capital requirements. It also launched a Managed Funds offering for financial planners in Australia in November 2025, and was pursuing partners in Australasia and the United Arab Emirates, with negotiations ongoing.
Funding and governance trail
The ASX announcement list records an issue of convertible notes on 13 October 2025 and a response to an ASX price query the following day. It also shows a UK strategy update on 19 November 2025, a chair appointment and resignation on 6 January 2026, an extraordinary general meeting and FY25 results on 27 February 2026, and a quarterly report on 30 April 2026.
The company's own website lists a further quarterly report on 31 July 2026. On 2 July 2026 it announced a proposed issue of securities and plans to issue convertible notes to support growth. The announcement titles do not state the terms or amounts of these notes. Because convertible notes can convert into new shares, their issue may dilute existing holders.
Risks
The risks include reliance on brokerage revenue that the company itself describes as seasonal, execution risk in reshaping the UK business and securing new partnerships, the regulatory exposure common to brokerage and wealth platforms, and funding. The company has not published dated milestones for the period ahead.
What's Next
The main items to follow are the terms of the convertible notes flagged in July 2026, the cash position and operating cash flow shown in the company's more recent quarterly reports, the progress of the UK technology-only model, and the outcome of partnership negotiations in Australasia and the United Arab Emirates.






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