Queste Communications Ltd
(ASX:QUE)
has announced its monthly cash flow report for September 2026, revealing consolidated cash and cash equivalents of $2,861,000 at month-end. The company estimates it has 77.3 months of consolidated funding available based on current operating cash outflows.
Key Points
- As of 30 September 2026, consolidated cash and cash equivalents were $2,861,000, slightly down from $2,905,000 at the beginning of the month.
- Net cash used in consolidated operating activities was $37,000 for September and $125,000 for the three-month year-to-date period.
- Queste holds a 59.86% stake in ASX-listed Orion Equities Limited (OEQ), which is consolidated as a controlled entity.
- A $450,000 unsecured loan facility from OEQ to QUE, maturing on 31 December 2027 with 10% annual interest, had $393,000 drawn at month-end.
- Payments to related parties included in operating activities amounted to $25,000 for the current month.
September 2026 Consolidated Cash Flow Overview
The filing shows consolidated cash and cash equivalents at $2,861,000 at September 2026’s close, down from $3,810,000 at the start of the three-month year-to-date period. Operating activities used a net cash of $37,000 for the month, driven by $54,000 in staff costs and $25,000 in administration and corporate expenses, partially offset by $10,000 interest income and $32,000 in other receipts. For the three-month period, net cash used in operating activities totaled $125,000. These figures consolidate cash flows from both Queste Communications Ltd and its controlled entity, Orion Equities Limited.
Company-Level Cash Flow and Financing Details
At the company level, cash and cash equivalents remained steady at $6,000 as of 30 September 2026. The company recorded $7,000 net cash used in operating activities for the month. Borrowings proceeds totaled $10,000 for September and $30,000 year-to-date. The OEQ-to-QUE loan facility has a total limit of $450,000, with $393,000 drawn at month-end, leaving $57,000 available. Estimated funding at the company level stands at 9.0 months, based on total available funding of $63,000.
Investing Activities and Projected Funding Longevity
No investing cash flows were recorded during the current month at either company or consolidated levels. For the three-month year-to-date period, consolidated investing outflows of $817,000 were related to investment payments. Financing activities included an unmarketable parcel share buy-back of $3,000 for the current month at the company level and $7,000 year-to-date for the consolidated entity. The estimated consolidated funding availability is 77.3 months, calculated from total consolidated funding of $2,861,000 against monthly operating outflows of $37,000. This report was authorised by Executive Director and Company Secretary Victor Ho on 6 October 2026.