Half Yearly Report and Accounts
| Stock | Objective Corporation Ltd (OCL.ASX) |
|---|---|
| Release Time | 26 Feb 2026, 9:37 a.m. |
| Price Sensitive | Yes |
Objective Corporation Reports Strong HY2026 Results
- Revenue grew 9% to $66.7 million
- Adjusted EBITDA increased 11% to $25.9 million
- Net profit after tax rose 10% to $18.7 million
Objective Corporation Limited reported a strong performance in the first half of fiscal year 2026, with revenue growing 9% to $66.7 million, adjusted EBITDA increasing 11% to $25.9 million, and net profit after tax rising 10% to $18.7 million. The company's annualised recurring revenue (ARR) balance at 31 December 2025 increased by 12% to $120.0 million, with growth across all three of its business lines - Information Intelligence, Planning & Building, and Regulatory Solutions. Objective continued to invest in research and development, spending $16.6 million, or 28% of software revenue, on R&D in the first half. The company's cash balance at 31 December 2025 was $95.1 million, up 13% from the prior corresponding period. Objective also paid an unfranked dividend of 13 cents per share in September 2025, with total dividends paid to shareholders in the first half of $12.4 million.
For FY2026, Objective expects ARR growth to be in the range of 10-14% on a constant currency basis, recognizing that Objective Build in Australia will most likely contribute modestly this year but provide a strong platform for FY2027.
Objective sees strong momentum across all its business lines and is confident in its ability to continue investing to support this growth while delivering strong profit and cash flow margins. The company will also continue to pursue M&A opportunities to complement its organic growth strategy.