June 2026 Quarterly Activities Report
| Stock | Structural Monitoring Systems Plc (SMN.ASX) |
|---|---|
| Release Time | 31 Jul 2026, 8:20 a.m. |
| Price Sensitive | Yes |
SMN Reports Strong FY26 Performance
- Record revenue of $32.5M, up 16% from FY25
- Net profit after tax at $1.2M, up from $0.2M in FY25
- EBITDA increased by 33% to $6.3M
- Free cash flow at $5.1M, reversing from a $0.6M outflow in FY25
- Avionics revenue up 40%, driven by digital audio systems and radio sales
Structural Monitoring Systems Plc (SMN) reported another year of strong operational and financial performance for the period ending 30 June 2026. The company delivered record revenue of approximately $32.5 million, a 16% increase from the previous year. Net profit after tax rose significantly to $1.2 million, up from $0.2 million in FY25. EBITDA increased by 33% to $6.3 million, and free cash flow improved to $5.1 million. The avionics business saw a 40% increase in revenue, driven by strong sales of digital audio systems and radios. The company also strengthened its balance sheet by repaying all bank debt and investing in new products and growth opportunities.
Record revenue of $32.5M, net profit after tax of $1.2M, EBITDA of $6.3M, free cash flow of $5.1M for FY26
SMN expects continued growth in avionics market share and commercialization of CVMTM technology, with potential applications in military and commercial sectors.