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8COMMON LIMITED — Capital/Financing Update 2025
Sep 1, 2025
64263_rns_2025-09-01_7474f4c9-f5bb-4733-9111-85b9eaafba0e.pdf
Capital/Financing Update
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8common
ASX Release
2 September 2025
NSW Department of Education renews contract with Expense8
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NSW Department of Education (DoE) renews Expense8 contract for a 2-year fixed term representing an estimated value of $1.56m with two 1-year extensions, representing an estimated total contract value of $3.54m including GST;
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This is the 2nd renewal since going live with Expense8 on 22 June 2015. Similar to previous renewals, the new contract consists of a 2-year fixed term and the option for 2 annual extensions;
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Total contract value since commencement since June 2015 of $8.27m including GST;
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Expense8 processes more than a million transactions annually across 36,000 staff and 20,000 corporate cards within the Department.
8common Limited (ASX: 8CO), a leading provider of travel expense management software and card application management, is pleased to advise that the contract between its wholly-owned subsidiary Expense8 and NSW Department of Education (DoE) has been renewed with a 2 year fixed term and the option for 2 annual extensions till 1 September 2029.
Chief Executive Officer of 8common, Andrew Bond said, “We are very grateful as we cross the 10 year milestone in what has been a highly collaborative relationship with NSW DoE. With a clear focus on championing the Travel & Expense Management sector, we have partnered with DoE on innovative solutions which include one of the largest corporate credit card application and management programs in Australia. As one of the largest public sector agencies in Australia, NSW DoE’s long-standing adoption of Expense8 continues to reinforce our credibility across state and federal government, making us the trusted benchmark solution. Expense8 processes more than a million transactions annually across 36,000 staff and 20,000 corporate cards within the Department, making the platform deeply embedded in daily financial operations and mission-critical to staff productivity. Our management software enables large Australian enterprises and government agencies to seamlessly audit, procure, reconcile and manage their entire travel and card expense system in an easy-to-use application.”
8Common provides Travel and Expense Management (TEM) and card services for over 190 entities across the Federal, New South Wales and Northern Territory governments, with over 155,000 active users within State and Federal Government.
This announcement has been authorised for release by the Board.
Further information
Corporate
Nic Lim [email protected] Executive Chairman
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8common
About 8common Limited
8common’s (ASX:8CO) fintech platforms deliver enterprise grade financial transaction processing for government entities and large enterprise businesses. Its flagship Expense8 platform is a globally recognised pureplay provider of end to end travel expense management software, card application and management. The innovative software solutions improve organisation productivity, incorporate company organisational policies and expense auditing to reduce fraud.
8common specialises in large enterprise and government segments. Its growing client base of more than 180,000 platform users include enterprise customers Woolworths, Broadcast Australia, Amcor, and over 192 state and federal government entities.
Its CardHero platform (prepaid card fund distribution) delivers closed loop solutions to support regulated, large network and high volume requirements. For more information, visit https://www.8common.com.
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