Appendix 4E and Annual Financial Report - 30 June 2026

• Revenue decreased by 10% to $7.87 million
• Loss from ordinary activities after tax decreased by 26% to $978,051
• Focus on transitioning to a SaaS model with AI-driven features
• Legal proceedings initiated against ex-employees for breach of restraint of trade
• No dividends proposed for the current year

Spectur Ltd's FY26 Annual Financial Report reveals a 10% revenue decline to $7.87 million, with a 26% decrease in loss from ordinary activities after tax to $978,051. The company experienced a 30% drop in rental revenue, primarily due to the conduct of ex-employees in breach of restraint of trade, leading to legal proceedings. Despite the revenue shortfall, the company made significant investments in its technology stack, positioning itself to execute its new strategic go-to-market strategy. Subscriptions and rentals contributed $5.3 million, or 68% of total revenue, while equipment sales grew 11% to $1.9 million. The company is transitioning to a SaaS model with AI-driven features, aiming to improve commercial economics and margins. The company closed FY26 with $1.4 million in cash and has a strong installed base of over 3,000 devices and 600 customers nationally.

FY27 expected revenue growth; focus on recurring revenue and AI-driven features

Spectur Ltd plans to increase sales capacity in FY27, focusing on larger-scale deployments and recurring revenue products. The company aims to convert its FY26 capabilities into increased sales and recurring revenue, leveraging its strong installed base and deep vertical expertise.