Key points
- Revenue increased by 17% to $351.8 million
- Underlying EBITDA decreased by 4.6% to $30.1 million
- Statutory NPAT loss of $21.7 million due to a $22.8 million goodwill impairment
- Strong client demand for AI solutions
- Acquisitions of Blue Connections and Protegic Pty Ltd
Full summary
Atturra Ltd's 2026 Annual Report reveals a 17% increase in revenue to $351.8 million, though underlying EBITDA declined by 4.6% to $30.1 million. The statutory NPAT loss of $21.7 million was driven by a $22.8 million goodwill impairment. The company experienced challenges in a competitive environment but showed resilience in the second half of the year. The gross margin remained stable at 33%. The company ended the year with $66.0 million in cash and cash equivalents and invested $23.5 million in subsidiaries. Acquisitions of Blue Connections and Protegic Pty Ltd expanded managed services and end-user computing capacity. Atturra is positioning itself to lead in AI, with increased AI literacy and strategic technology partnerships.
Outlook
Atturra is well-positioned for growth, with strong organic revenue and EBIT growth expected in FY27. The company plans to continue investing in AI, managed services, cyber, cloud, and data.