Accordant Group
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Accordant Group (AGL) investor relations material

Accordant Group H1 2027 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2027 earnings summary27 Oct, 2026

Executive summary

  • H1 FY27 revenue rose 8% YoY to $88.5m; the after-tax loss narrowed to $234k from $1.1m.

  • Markets were active but uneven; H1 EBITDA was modestly ahead of target and FY27 objectives remained on track.

Financial highlights

  • Revenue was $88.545m vs $82.029m; loss before tax was $302k vs $1.569m, and after-tax loss was $234k vs $1.122m.

  • Cash from operating activities rose 11% to $2.834m from $2.545m; net cash generated from operations increased to $4.422m from $3.877m.

  • Actual FY26 revenue was $165m, above the $163m estimate used during the capital raise process.

Outlook and guidance

  • Guidance provided during the May capital raise remained unchanged; FY27 objectives remained on track, including estimated EBITDA of ~$3.2m.

  • H2 may bring opportunity alongside continued variability; hiring, transformation, infrastructure activity and specialist capability replacement may support demand.

  • Priorities include improving profitability, reducing debt and pursuing growth in buoyant market areas, with revenue quality and commercial returns key disciplines.

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Frequently asked questions

Accordant Group Limited is a New Zealand-based company specializing in recruitment and staffing solutions across various sectors. The company operates through multiple brands, including AWF, Madison, Absolute IT, and JacksonStone & Partners, providing services in temporary, contract, and permanent placements. Accordant Group serves a range of industries such as industrial, corporate, IT, and professional services. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.