Atturra Limited reported mixed full-year 2026 results on Tuesday, with revenue rising 17% year-over-year to AUD 351.8 million but underlying EBITDA declining 5% to AUD 30.1 million. Adjusted net profit after tax fell to AUD 13.5 million from AUD 19.6 million in the prior year, while reported earnings per share turned negative at AUD -0.0588. The company’s shares fell 6.25% to close at AUD 0.38 following the announcement.
Organic revenue growth remained broadly flat year-over-year, though the company’s five-year compound annual growth rate reached approximately 27% for revenue and 19% for underlying EBITDA. Gross margin slipped to 33% from 34%, while predictable revenue accounted for 78% of total revenue, exceeding the company’s 75% target. Operating cash flow improved to an inflow of AUD 9 million for the year, reversing a AUD 13.4 million outflow in the first half. Cash and cash equivalents totaled AUD 66 million as of June 30, 2026, while net tangible assets declined to AUD 9.9 million.
Atturra deployed approximately AUD 25 million in FY26 through share buybacks and acquisitions, including AUD 23 million in subsidiary investments and AUD 8 million returned to shareholders via an on-market buyback program. Borrowings rose to AUD 29.4 million, up from AUD 18.8 million a year earlier, reflecting financing tied to the acquisition of Blue Connections. The company also drew down AUD 16 million in loan facilities, including AUD 5 million from a revolving facility that was repaid during the period.
Management provided a positive outlook for FY27, forecasting record revenue, EBIT, and underlying EBITDA on organic growth, though no specific numerical guidance was issued. Results are expected to be materially weighted to the second half of the fiscal year. Atturra plans to increase AI spending by AUD 3 million in FY27, with an estimated AUD 2 million earnings impact in the first half. Scholarion, its student information management system, will require more than AUD 4 million in investment, with an expected loss of AUD 2.4 million in FY27 before breaking even and becoming profitable by FY29.
The company operates more than 1,300 staff, including over 350 with security clearances, and serves over 1,000 clients across Australia and New Zealand through five primary data centers and tier 3-4 co-location providers. Scholarion, now a dedicated business unit, has six contracted clients ahead of its full system release in September 2026 and targets over 20 schools by FY27. Atturra’s cloud platform supports more than 60 clients, while its AI and automation tools, including SignalAI and MobileAction, continue to expand in targeted enterprise environments.
