Key points
- FY26 EBIT of $10.3M, first full-year profit since listing excluding FY21
- Operating EBITDA up 76.9% to $16.4M
- Record gross profit margin of 49.6%, GPAPA margin up to 28.6%
- FY27 guidance: GPAPA margin 27%-30%, operating expenses $79M-$85M, EBITDA $17M-$23M
Full summary
Articore Group Ltd has announced its FY26 results, marking a significant turnaround with record margins and profitability. The company reported an EBIT of $10.3 million, its first full-year profit since listing outside of the pandemic-driven spike in FY21. Operating EBITDA increased by 76.9% to $16.4 million. Gross profit margin rose to 49.6%, and gross profit after paid acquisition (GPAPA) margin reached 28.6%. The company also saw a decrease in operating expenses for the third consecutive year, reflecting continued cost discipline and the use of AI. The balance sheet strengthened with underlying cash flow of $10.1 million and a cash balance of $40.5 million. For FY27, the Group expects to build on these results, with a GPAPA margin between 27% and 30%, operating expenses between $79 million and $85 million, and operating EBITDA between $17 million and $23 million.
Guidance
FY27 GPAPA margin 27%-30%, operating expenses $79M-$85M, EBITDA $17M-$23M
Outlook
Articore aims to strengthen its competitive moat, build customer acquisition and retention engines, elevate the customer experience, generate higher-value outcomes for creators, invest in new businesses, and operate a unified platform at scale.