Market Announcement - Half-Year Results
| Stock | Gentrack Group Ltd (GTK.ASX) |
|---|---|
| Release Time | 18 May 2026, 7:30 a.m. |
| Price Sensitive | Yes |
Gentrack Group Ltd Half-Year Results
- Group revenue at $110.1m, down from $112.0m in H1 25
- Recurring revenue increased to $85.3m, up 12%
- EBITDA excluding acquisition costs at $7.9m, down from $13.0m in H1 25
- Statutory NPAT at $5.1m, down from $7.2m in H1 25
- Cash reserves at $73.2m, up from $70.7m in H1 25
Gentrack Group Ltd released its half-year results for the period ending March 31, 2026. The company reported a total revenue of $110.1 million, a slight decrease from $112.0 million in the prior period. Recurring revenue increased to $85.3 million, up 12%, while non-recurring revenue fell to $24.9 million. EBITDA, excluding acquisition costs, was $7.9 million, down from $13.0 million. Statutory NPAT was $5.1 million, compared to $7.2 million in the prior period. The company maintained a strong balance sheet with cash reserves of $73.2 million and no external debt. Gentrack also announced two acquisitions in May 2026 to enhance its platform capabilities.
FY26 revenue expected between $229m to $238m, recurring revenue growth over 10%, EBITDA $13.5m to $20m
Gentrack is confident in its medium-term growth target of more than 15% CAGR, with an emphasis on building recurring revenue and improving margins.