Information Technology

Gratifii Limited (GTI)

Gratifii Limited is a technology company that provides loyalty and rewards solutions to businesses. Its core product is Mosaic, a customisable Software-as-a-Service (SaaS) platform that enables clients to create and manage their own loyalty programs. The company also operates Neat Ideas, an employee benefits provider, and Hachiko, a pet-focused loyalty business, primarily serving the Australian market with growing international reach.

Market Cap

A$40M

Shares on Issue

N/A

Company WebsiteAI coverage updated hourlyData from ASX filings

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AI Analysis

Gratifii is currently in a high-growth phase, focused on expanding its recurring revenue base and integrating recent acquisitions. The company's performance is driven by new client acquisitions for its Mosaic SaaS platform and cross-selling opportunities from its Neat Ideas and Hachiko divisions. Recent financial reports likely show strong top-line revenue growth, although profitability remains a future goal as the company invests heavily in sales, marketing, and platform development. Key metrics for investors are Annual Recurring Revenue (ARR), customer churn, and progress towards achieving positive operating cash flow, which is a critical milestone for a company of this size.

The company's strategic direction centres on scaling its unified loyalty platform to become a dominant player in the enterprise and SME markets. Growth is expected to come from three main avenues: organic growth through new client wins, cross-selling services across its expanded customer base following the Neat Ideas acquisition, and potential expansion into new international markets. Upcoming catalysts for the share price include the announcement of major enterprise-level contract wins, achieving cash flow breakeven, and demonstrating successful synergies and cost savings from its integrated business units.

Bull Case

  • Sticky, high-margin SaaS revenue from the Mosaic platform provides a scalable and predictable income stream as the client base grows.
  • Significant cross-selling opportunities between its corporate rewards (Neat Ideas) and loyalty platform (Mosaic) divisions to a combined customer base.
  • Exposure to the large and growing global loyalty management market as businesses increasingly focus on customer retention and employee engagement.

Bear Case

  • The loyalty technology market is highly competitive, with larger, better-capitalised competitors and nimble new entrants.
  • As a small-cap tech company, GTI is likely burning cash to fund growth, posing a risk of future dilutive capital raisings.
  • Execution risk associated with integrating the Neat Ideas acquisition and realising the projected revenue and cost synergies.

Recent Announcements

Notice of Extraordinary General Meeting/Proxy Form

28 Jan 2026General

Quarterly Activities/Appendix 4C Cash Flow Report

🚨 Price Sensitive
27 Jan 2026Quarterly Report

The ASX announcement for ticker GTI reveals that the Commitments Test Entity has provided a detailed quarterly cash flow report, indicating its financial position and performance over the last three months. Investors are encouraged to review this document carefully as it contains critical information regarding liquid

Change in substantial holding

22 Jan 2026Substantial Holder

Notification regarding unquoted securities - GTI

14 Jan 2026Capital Structure

FAQs

What does GTI do?

Gratifii provides loyalty and rewards technology. Its main offering is a SaaS platform called Mosaic that helps businesses run their own loyalty programs. It also owns Neat Ideas, which provides employee benefits and corporate rewards, and Hachiko, a pet loyalty program.

Is GTI a good investment?

GTI is a speculative, high-risk/high-reward investment. The potential upside comes from its scalable SaaS model and large market opportunity. However, risks include intense competition, ongoing cash burn to fund growth, and the challenges of executing its strategy as a small company.

What drives GTI's share price?

The share price is primarily driven by news flow related to major contract wins, growth in key metrics like Annual Recurring Revenue (ARR), progress towards achieving cash flow breakeven or profitability, and market sentiment towards small-cap technology stocks.