Icetana Ltd Reports 19% ARR Growth in Q1 FY27
Key points
- ARR increased 19% QoQ to $3.1m
- Total quarterly revenue up 29% QoQ to $838k
- Third sale of Antara Core in three months
- Net ARR retention at 104%
- Cash balance at $3.9m at quarter end
Full summary
Icetana Ltd (ASX: ICE) reported a 19% increase in Annual Recurring Revenue (ARR) to $3.1 million for the quarter ended 30 September 2026 (Q1 FY27). Total revenue rose 29% quarter-on-quarter to $838,000. The company secured its third sale of the Antara Core platform in as many months, worth $675,000 over five years. Net ARR retention stood at 104%, and the company ended the quarter with a cash balance of $3.9 million.
Outlook
Icetana plans to focus on converting partner channels into repeatable sales, leveraging Antara Core as customers scale AI across their security operations.
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