AGM 2025 Presentation
| Stock | SKS Technologies Group Ltd (SKS.ASX) |
|---|---|
| Release Time | 20 Nov 2025, 10:37 a.m. |
| Price Sensitive | Yes |
SKS Technologies Group Ltd Reports Strong FY25 Results
- Significant organic growth achieved in FY25, with 46% increase in tender activity and 109% increase in Work on Hand
- Acquired Delta Elcom in Sydney to expand market share in the growing data centre sector
- Increased profitability, with PBT margin up 66% and NPAT up 112% in FY25
SKS Technologies Group Ltd delivered a standout performance in FY25, driven by strong organic growth and strategic initiatives. The company achieved a 46% increase in tender activity, reaching ~$517m, and a 109% increase in Work on Hand, which grew to $200m. This growth was underpinned by the company's focus on the data centre sector, where it has captured a material share of the market in Melbourne. To further expand its presence, SKS acquired Delta Elcom, a Sydney-based electrical and communications specialist, providing instant access to the largest data centre market in Australia. The acquisition, valued at $13.75m, is an excellent strategic fit in terms of capabilities, experience, and customer relationships. Financially, SKS reported significant earnings increases, with revenue up 92% to $261.7m, EBITDA up 161% to $23.5m, and NPAT up 112% to $14.0m. The company also improved its operational efficiency, with PBT margin increasing by 66% to 7.9%. SKS strengthened its balance sheet, with a 62% increase in bank facilities to $34m and a significant improvement in working capital. The company is well-positioned for continued growth, with a robust pipeline of opportunities across its key market sectors and a strong operating platform to support further expansion.
FY26 revenue forecast of approximately $320 million, with a PBT margin of 9% and PBT of $28.8 million.
SKS Technologies is positioned for both organic growth and opportunistic acquisitions, with a flexible growth strategy and unrelenting market demand across its key sectors, particularly in the rapidly growing data centre market. The company's enhanced operating platform, robust cash generation, and increased bank facilities provide a strong foundation to support its expansion plans.