• Significant 4ppt EBITDA margin expansion and $4.3 million FCF generation
• Double-digit revenue and ARPU growth, with all tradies migrated to new pricing plans
• Strategic execution with launch of rebranded 'hipages for business' tradie app and 'hipages Perks'

hipages Group Holdings Ltd (ASX: HPG), Australia and New Zealand's number #1 platform to connect households and tradie businesses, has announced its financial results for the six months ended 31 December 2025 (H1 FY26). The company reported significant 4ppt EBITDA margin expansion and $4.3 million in free cash flow generation. Revenue and ARPU both grew by double digits, with the company completing the migration of 100% of its tradie customer base to new pricing plans. hipages also executed on strategic initiatives, rebranding its tradie app as 'hipages for business' to target a wider universe of potential customers and expanding 'hipages Perks' to offer exclusive deals and benefits to both tradies and households. The company continued to add new product functionality, including smart quotes and improved scheduling and estimating capabilities. Looking ahead, hipages plans to further deploy AI workflows into its product to enhance the user experience on both sides of the marketplace, including an AI job posting assistant and tradie location tracker for households, and a voice plugin for faster quoting and workday route optimisation for tradies. Beyond FY26, the company will focus on driving growth in its core marketplace, building new job management functionality for 'hipages for business', and developing new adjacent services across its ecosystem to monetise households and drive new revenue streams.

hipages provides an updated FY26 revenue target of $90 million - $91 million, reflecting current macroeconomic conditions. The company reaffirms its targets for EBITDA margin of 24%-26% and free cash flow of $8 million - $10 million.

Beyond FY26, hipages will focus on driving growth in its core marketplace, building new job management functionality for 'hipages for business', and developing new adjacent services across its ecosystem to monetise households and drive new revenue streams.