Atturra FY25 Half Year Accounts
| Stock | Atturra Ltd (ATA.ASX) |
|---|---|
| Release Time | 26 Feb 2025, 8:08 a.m. |
| Price Sensitive | Yes |
Atturra FY25 Half Year Accounts
- Revenue up 27.2% to $141.3 million
- Underlying EBIT up 8.3% to $9.3 million
- Underlying EBITDA up 22.6% to $13.6 million
- Profit after tax up 55.4% to $4.2 million
Atturra Limited, an ASX-listed technology business, has reported a strong financial performance for the half-year ended 31 December 2024. Revenue from ordinary activities increased by 27.2% to $141.3 million, while underlying Earnings Before Interest and Tax (underlying EBIT) grew by 8.3% to $9.3 million. Underlying Earnings Before Interest, Tax, Depreciation and Amortisation (underlying EBITDA) increased by 22.6% to $13.6 million. Profit from ordinary activities after tax attributable to the owners of Atturra Limited was up 55.4% to $4.2 million. The company's shareholders' equity attributable to owners of Atturra Limited increased by $75 million from 30 June 2024 to $225.2 million as at 31 December 2024, and the company had cash on hand of $98.4 million as at 31 December 2024. Atturra Limited completed several strategic acquisitions during the half-year, including Exent Holdings Pty Ltd, Chrome Consulting Pty Ltd, Morgan Holdco Limited, and Brooks Investment Partners Pty Ltd, further strengthening its capabilities and market position.
Atturra Limited expects to deliver strong financial performance in FY25, with revenue, underlying EBIT, and underlying EBITDA all forecast to grow compared to the FY24 half-year results.
Atturra Limited is well-positioned to continue its growth trajectory, with a focus on high-growth technologies and industries with high barriers to entry or no clear market leader. The company's end-to-end IT managed services capability and strategic acquisitions will support its ability to deliver solutions to clients and drive further growth.