• Recurring revenue of $17.3 million (+4.9% vs PCP) and Annualised Recurring Revenue (ARR) of $17.1 million (+1.9% vs PCP)
• Improved gross margins of 77.3% for FY25, a notable improvement compared to the FY24 gross margin of 67.4%
• Achieved EBITDA profitability of 11.9% in FY25

Beonic Ltd has reported its FY25 annual results, marking a transformative year for the company. The key highlights include a 4.9% increase in recurring revenue to $17.3 million and a 1.9% rise in Annualised Recurring Revenue (ARR) to $17.1 million. The company also achieved a notable improvement in gross margins, which increased to 77.3% in FY25 compared to 67.4% in the prior year. This reflects Beonic's ongoing efforts to enhance profitability and progress towards cash flow breakeven. The company also reported EBITDA profitability of 11.9% in FY25. During the year, Beonic secured several key contract wins across the airport, retail, and sports sectors, including deals with major players in North Africa, the Asia-Pacific region, and the United States. These contract wins, along with the company's focus on operational efficiency and cost discipline, position Beonic for continued growth and value creation in FY26.

Beonic is targeting the following for FY26:- Maintain gross margin improvement (77.3% FY25 vs 67.4% FY24)- Maintain profitable EBITDA (15% to 20%) and positive net cash flows from operations- Launch of Beonic's AI-based Camera Vision product in North America- Launch of the North African Airport solution announced on 29 July 2025

Building on its FY25 achievements, Beonic's FY26 priorities focus on sustainable growth and market expansion. Key priorities include growing top line revenue through pipeline conversion and new opportunities, strengthening its 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.