• Cyber Security segment achieved strong growth, benefiting from Forensic IT acquisition
• Secure Managed Technology segment showing improving earnings momentum
• Cloud and Communications segment delivered solid growth
• Underlying EBITDA up 562% to $11.018M

Spirit Technology Solutions Ltd, a leading provider of cyber security, secure managed technology and cloud and communications solutions, has reported its financial results for the year ended 30 June 2025 (FY25). The company's Cyber Security segment achieved strong growth, benefiting from the acquisition of Forensic IT Solutions Pty Ltd in October 2024. The Secure Managed Technology segment showed improving earnings momentum, although performance remains below expectations. The Cloud and Communications segment delivered solid growth by broadening its sales channel and footprint. Overall, the Consolidated Entity delivered an underlying EBITDA profit of $11.02M for FY25, up 562% from $1.66M in the previous financial year. The statutory outcome for FY25 after providing for income tax was a loss of $1.374M, down 87% from a loss of $10.5M in FY24. The company also announced a change in its revenue accounting policy during the financial year, which resulted in certain product revenues being presented on a net basis.