Key points
- Revenue stability with total revenue of $9.7m, down 2%
- Two-year contract extension with ANZ Bank for $3.8m
- Preparing for US launch of next-generation library management solutions
Full summary
Knosys Ltd reported its financial results for FY26, highlighting stable revenue of $9.7m, a slight decrease from the previous year. The company secured a two-year contract extension with ANZ Bank for $3.8m and expanded its customer base with new contracts for its Libero library management system. Despite the decision to transition away from the GreenOrbit business, Annualised Recurring Revenue (ARR) remained stable at $9.0m. Knosys is preparing for the US launch of its next-generation library management solutions, with marketing and tendering activities already underway. The company anticipates a positive outlook in FY27, driven by the commercial launch of Libero in the US and continued investment in library and knowledge management solutions.
Guidance
FY26 revenue: $9.7m; FY26 net loss after tax: $2.5m; FY26 cash balance: $4.9m
Outlook
Knosys is preparing for the US launch of its next-generation library management solutions, with marketing and tendering activities already underway. The company anticipates a positive outlook in FY27, driven by the commercial launch of Libero in the US and continued investment in library and knowledge management solutions.