FY26 Results Presentation

• Revenue increased 1.6% to $155.5m
• Underlying EBITDA increased 10.8%
• Operating cash flow increased 28.8%
• Completed leadership and organizational restructuring
• Doubled data center production capacity in Australia

Adrad Holdings Ltd's FY26 results show a 1.6% revenue increase to $155.5 million, driven by growth in data center activity and new customers. Underlying EBITDA rose 10.8% to $19.5 million, reflecting improved operating efficiency and a higher contribution from Heat Transfer Solutions (HTS). Operating cash flow increased 28.8% to $17.9 million, supporting investment in manufacturing capability and facilities. The company completed leadership and organizational restructuring, doubled data center production capacity in Australia, and expanded its Thailand facility by over 4,000 sqm. The Natrad Autocare network grew to 25 workshops. The company enters FY27 with an improved earnings base, expanded manufacturing capacity, and a growing project pipeline.

The outlook for FY27 is positive, with the company expecting significant opportunities in data centers, power generation, mining, and industrial infrastructure. Key priorities include converting customer demand into revenue, expanding manufacturing capacity, developing products, growing distribution channels, and maintaining disciplined capital allocation.