Yojee (ASX:YOJ): Can MOSAIC Customer Wins Translate Into Meaningful Recurring Revenue?

Sonal Goyal

14 September 2026 10:35 PM AEST

Yojee (ASX:YOJ): Can MOSAIC Customer Wins Translate Into Meaningful Recurring Revenue?

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Highlights

Yojee (ASX:YOJ) raised about A$10.5 million through a Placement and share purchase plan in August 2026.
Twelve MOSAIC customer agreements had been signed by 20 August 2026, although Revenue from those contracts was not yet considered material.
FY26 revenue from ordinary activities was A$913,339 and the net loss after tax was A$8.22 million.

Yojee Limited (ASX:YOJ) has moved into the commercial phase of its MOSAIC freight-forwarding platform. During 2026, the company completed Beta testing, signed customers, launched MOSAIC commercially and raised additional Capital to support rollout. The key issue is now revenue conversion: signed agreements provide commercial validation, but the reported revenue base remains small relative to operating losses and product investment.

Company Overview

Yojee Limited (ASX:YOJ) develops software for freight and supply-chain operators. Its Transport Carrier Management System supports enterprise logistics customers, while MOSAIC targets freight forwarding and customs workflows across air, ocean and road movements.

MOSAIC completed beta testing in February 2026, onboarded its first commercial customer in April and launched commercially in July. The platform uses usage-based billing, so revenue begins as customers move into production and process jobs.

Financial and Operational Position

Yojee reported FY26 revenue from ordinary activities of A$913,339 and revenue from contracts with customers of A$527,525. The net loss after tax was A$8.22 million, cash at 30 June 2026 was A$3.44 million and net Assets were A$8.01 million.

The company capitalised A$2.9 million of intellectual-property Investment in MOSAIC during FY26. In August 2026, Yojee completed a A$7 million placement and an oversubscribed share purchase plan that raised approximately A$3.5 million, taking the combined raising to about A$10.5 million.

By 20 August 2026, the company reported 12 MOSAIC customer agreements across several commercial tiers. Yojee stated that revenue under the agreements was not yet material because onboarding and usage were still at an early stage.

What Investors May Watch Next

The most important operating measure is the conversion of signed MOSAIC agreements into live, billable usage. Investors may watch for customer go-lives, recurring platform activity and any disclosure of annualised platform revenue.

Cash deployment after the August raising is another key measure. Product development, sales expansion and customer onboarding will need to translate into higher revenue before the company can reduce its reliance on external funding.

Risks

Yojee remains loss-making and its reported revenue base is still modest relative to operating expenditure. Usage-based pricing means signed customer counts do not automatically translate into near-term revenue.

Implementation schedules can be delayed, customers can reduce activity, and freight software is competitive. Further capital could be required if commercial conversion takes longer than expected.

Key Insights

Yojee (ASX:YOJ) has completed an important transition from product development to commercial rollout, supported by fresh capital and signed MOSAIC agreements. The next phase is financial rather than promotional: investors need evidence that onboarding converts into recurring usage and revenue.

FAQs

Q: What is the ASX ticker for Yojee Limited?

A:Yojee Limited trades under the ticker (ASX:YOJ).

Q: How much capital did Yojee raise in August 2026?

A:The company raised about A$10.5 million through a placement and share purchase plan.

Q: What may investors monitor next?

A:Investors may monitor MOSAIC customer go-lives, billable usage, revenue conversion and the pace of post-raising cash deployment.

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