• Annual Recurring Revenue (ARR) increased 9.3% to $65.7 million
• Positive EBITDA of $0.2 million, up $0.4 million from H1 FY24
• Gross profit margin improved to 53.8% on an EBITDA basis

Envirosuite Limited, a leading environmental intelligence technology provider, has reported its financial results for the half year ended 31 December 2024. The company's recurring revenue increased by 3.5% to $26.973 million, with strong performance in the Americas (10.2% growth) and EMEA (6.7% growth) regions. Annual Recurring Revenue (ARR) grew by 9.3% to $65.7 million, driven by $0.5 million in new ARR logos and $3.6 million in expansion and price increases with existing customers. The company's gross profit margin improved to 51.4% on a statutory basis and 53.8% on an EBITDA basis, demonstrating Envirosuite's commitment to disciplined cost management and operating cost leverage. For the first time in the first half of a financial year, Envirosuite achieved a positive EBITDA of $0.2 million, up $0.4 million from the first half of FY24. This reflects the company's focus on optimizing its operating structure and aligning with its overall strategy of achieving profitability. The company's Industrial segment continued to invest in product depth and sales performance in its high-value focus sectors, including Mining, Waste, Wastewater, and Industrial. The segment secured 5 new high-calibre customer logos and increased its Average Revenue Per Site by 7.5% to ~$107,000. In the Aviation segment, Envirosuite secured new business and renewed major customers, with recurring revenue growing by 3.9% when excluding the abnormal churn event for the Australian Department of Defence. The company's ANOMS Carbon Emissions solution received the Airport Excellence Award at the Saudi Airport Exhibition, recognizing its impact in helping airports meet their sustainability goals. Envirosuite has also engaged MA Moelis Australia to assist with a comprehensive strategic review of the Group's operations and evaluate potential strategic directions.