Key points
- FY26 revenue declined by 36% to $6.15 million due to strategic focus on recurring revenue
- Net loss after tax decreased by 27% to $14.68 million
- No dividends declared for FY26
- New leadership appointed to drive growth in FY27
- Significant progress in AI infrastructure orchestration and international market expansion
Full summary
Activeport Group Ltd has released its Annual Report for the year ended 30 June 2026, detailing a strategic shift towards recurring revenue, leading to a 36% decline in total revenues to $6.15 million. The company's loss after tax decreased by 27% to $14.68 million. Activeport made strategic appointments in leadership, including Mr. Matt Hawken as Vice President of Product and Development and Mr. Michael Glynn as Chief Operating Officer, to steer the company into its next phase of growth. The company has also made significant advancements in adapting its GPU orchestration software for AI inference applications, positioning itself in the fast-growing AI infrastructure market. Additionally, Activeport expanded its network-as-a-service business in Australia and established a strong presence in international markets.
Outlook
The company expects the benefits of its strategic focus and new leadership to be evident from the first quarter of FY27, with a growing sales pipeline and international demand.