Key points
- Transformation complete, company now profitable and cash flow positive
- FY26 EBITDA margin at 17.2%, up from (7.2%) in FY24
- FY27 revenue target of A$25.3m with an EBITDA margin of 19%
- New leadership team with a focus on innovation and efficiency
- Significant market opportunity in retail and airport analytics
Full summary
Beonic Ltd. has completed a three-year transformation, shifting from a loss-making business to a profitable entity with positive cash flow. FY26 saw an EBITDA of A$4.00m with a margin of 17.2%, up from a loss of A$4.9m in FY24. The company has also retired its legacy debt, improved its gross margin to 78.4%, and achieved a record EBITDA margin of 17.2%. The new leadership team, including CEO Billy Tucker, CFO Michael Pearce, and CPTO Marc Thompson, is focused on innovation and efficiency. Beonic's platform, now unified and sensor-agnostic, supports over 10,000 venues globally. The company has a strong FY27 guidance with a revenue target of A$25.3m and an EBITDA margin of 19%, driven by the expansion of its Beonic Vision product and new market opportunities.
Guidance
FY27 revenue target of A$25.3m, EBITDA margin of 19%, and gross margin of 79.8%
Outlook
Beonic Ltd. expects continued growth in FY27, with a focus on expanding its customer base and enhancing its platform capabilities.