• Recurring Revenue of $4.3m (+3.7% vs PCP) and Annualised Recurring Revenue (ARR) of $17.1m (+1.9% vs PCP)
• Sustained gross margins of 77.3% for FY25, a notable improvement compared to the FY24 gross margin of 68.5%
• Net cash inflow from operations of $1.6m for Q4 FY25

Beonic Ltd reported a solid Q4 FY25, with key highlights including Recurring Revenue of $4.3m (+3.7% vs PCP) and Annualised Recurring Revenue (ARR) of $17.1m (+1.9% vs PCP). The company maintained strong and sustained gross margins of 77.3% for FY25, a notable improvement compared to the FY24 gross margin of 68.5%. Despite one-time costs of $184k associated with cost-cutting measures, Beonic achieved net cash inflow from operations of $1.6m for Q4 FY25. The company also secured a landmark contract with a major North African airport authority, marking its strategic entry into the North African aviation market. Other notable contract wins included deals with Adelaide Airport, Queenstown Airport, Christchurch Airport, Wellington Airport, The Hajj, Etisalat, The Good Guys, Detroit Lions, and JFK International Terminal. The company also secured key renewals with Narita Airport, QIC, Woolworths, LandSec, Phoenix Airport, and Miami Airport. Beonic's Board and Executive Team conducted a thorough organisational review during FY25 to further enhance the company's ongoing efforts to optimise its cost structure, resulting in EBITDA profitability of 31.4% in Q4 FY25 and 11.9% for the full fiscal year.

Maintain gross margin improvement (77.3% FY25 vs 68.5% FY24), maintain profitable EBITDA (15% to 20%) and positive net cash flows from operations for FY26.

Focus on sustainable growth and market expansion in FY26, including growing top-line revenue, strengthening Beonic's position as a global leader in Airport and retail IoT solutions, achieving financial stability through disciplined cost management and operational efficiency, enhancing product adoption, delivering key projects, and maintaining a lean cost structure while scaling revenue operations.