Key points
- Record earnings and improved EBITDA margin of 17.2%
- Secured a landmark contract with the Moroccan airport authority
- Generated $0.6 million of operating cash inflow
- Strong 12-month rolling qualified pipeline valued at $37.1 million
Full summary
Beonic Ltd's FY26 annual report highlights significant improvements in financial performance. The company reported a 5.2% increase in revenue to $23.25 million and a substantial reduction in loss after tax by 50.5% to $1.57 million. EBITDA improved to $4.0 million with a margin of 17.2%, up from $2.6 million and 11.9% in FY25. Gross margin also improved to 78.4% from 77.3% in the previous year. Beonic secured a landmark contract with the Moroccan airport authority, valued at approximately $7.3 million over 30 months, marking its strategic entry into the North African aviation market. The company also completed a $4.27 million convertible note placement and a $3.01 million renounceable entitlement issue, enabling it to retire legacy debt and provide working capital. Beonic's FY26 priorities included growing top-line revenue, strengthening its position in global markets, and enhancing product adoption through continued R&D investment.
Guidance
FY27 revenue growth through conversion of $37.1 million qualified pipeline
Outlook
Beonic is focused on sustainable growth, market expansion, and enhancing product adoption. The company aims to grow top-line revenue, strengthen its position in global markets, and improve customer success initiatives.