OCL.ASX: First Half FY2026 Results Announcement

First Half FY2026 Results Announcement

Stock	Objective Corporation Ltd (OCL.ASX)
Release Time	26 Feb 2026, 9:38 a.m.
Price Sensitive	Yes

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Objective Corporation Reports Strong 1HY2026 Results

Key Points

Group 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

Full Summary

Objective Corporation (ASX:OCL) today announced its first-half financial year 2026 (1HY2026) results. In 1HY2026, group revenue grew by 9% to $66.7 million (1HY2025: $61.3 million). Adjusted EBITDA increased by 11% to $25.9 million (1HY2025: $23.3 million). Net profit after tax increased by 10% to $18.7 million (1HY2025: $17.0 million) for the half-year ended 31 December 2025. The Annualised Recurring Revenue (ARR) balance at 31 December 2025 increased by 12% to $120.0 million ($107.0 million at 31 December 2024) and was $121.4 million at 31 December 2025 on a constant currency basis relative to 30 June 2025. Information Intelligence ARR increased by 10% to $84.4 million (1HY2025: $77.0 million); Planning & Building ARR increased by 29% to $18.0 million (1HY2025: $13.9 million); Regulatory Solutions ARR increased by 9% to $17.6 million (1HY2025: $16.1 million). The company continued to invest heavily in R&D, spending $16.6 million in 1HY2026, an increase of 10% over the prior year period. Operating cash flow in 1HY2026 was $21.7 million (1HY2025: $12.6 million), and the company's cash balance at 31 December 2025 was $95.1 million, an increase of 13% over the prior year. The company also paid an interim unfranked dividend of 13 cents per share for the period.

Guidance

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. The company continues to invest in-line with its internal growth target of 15% annual ARR growth.

Outlook

Objective's CEO, Mr. Tony Walls, stated that the company has built a solid foundation for the remainder of FY2026 and into FY2027. The company will continue to invest to support the strong momentum in each of its business lines while delivering strong profit and cash flow margins to sustain its innovation-driven business success. Objective also remains focused on pursuing further M&A opportunities to complement its organic growth.