Appendix 4E & Preliminary Final Report

Key points

• Revenues increased by 16% to $32.5m
• Net profit after tax surged 669% to $1.3m
• No dividends proposed for FY26
• Strong cash generation and no bank debt as of FY26

Full summary

Structural Monitoring Systems Plc (SMN.ASX) reported significant financial improvements for the year ended 30 June 2026. The company's revenues from ordinary activities increased by 16% to $32.5 million, while profit from ordinary activities after tax surged 669% to $1.3 million. The profit for the year attributable to the owners of the company also increased by 669% to $1.3 million. The company did not propose any dividends for the year. The profit growth was attributed to the continued growth in the company's higher-margin proprietary avionics business, disciplined management of its contract manufacturing operations, and progress toward the commercialization of its CVM structural health monitoring technology. The company also repaid its remaining $1.0 million term loan with Royal Bank of Canada, ending the year free of bank debt.

Outlook

The company plans to continue growing sales of its digital audio and radio products, secure further aircraft certifications, and progress new proprietary avionics development programs.