Key points
- FY26 revenue up 9% with strong ARPU growth
- Pro-forma NPAT increased by 156%
- Free cash flow rose to $9.4m with a 50% flow-through rate
- Acquisition of Viz Insurance to expand TAM
- FY27 outlook: 9-11% revenue growth expected
Full summary
Hipages Group Holdings Ltd (ASX: HPG) reported its FY26 financial results, showcasing robust growth across key metrics. Total revenue increased by 9% to $90.6 million, driven by a 9% growth in Subscription ARPU. Pro-forma NPAT surged by 156% to $6.1 million, while statutory NPAT rose by 528% to $15.0 million. Free cash flow improved significantly to $9.4 million, with a 50% flow-through rate from growth revenue. The company expanded its multi-product platform with the acquisition of a majority stake in Viz Insurance, adding 4.5k users and expanding its total addressable market. Looking ahead to FY27, Hipages Group expects total revenue growth of 9-11%, an EBITDA margin of 25-27%, and free cash flow of $11-13 million.
Guidance
FY27: Total revenue growth 9-11%, EBITDA margin 25-27%, Free cash flow $11-13 million
Outlook
Hipages Group is focused on product innovation, AI integration, and expanding value-added services. The company remains open to disciplined M&A opportunities that complement its multi-product platform and meet its value-creation criteria.