Atturra (ATA) investor relations material

Executive summary

• Revenue for the half-year rose 28% year-over-year to approximately $181 million, with gross margin reported between 27% and 32%, driven by increased headcount and growth in data and ERP businesses.

• Underlying EBITDA declined 46% year-over-year to $7.3 million, impacted by a large contract dispute, non-recurring costs, and increased operating expenses.

• Net loss after tax was $4.0 million, compared to a profit of $4.2 million in the prior period, with EPS at -1.07 cents.

• No dividends were paid, recommended, or declared during the period.

• Over 1,300 staff and 350+ security-cleared personnel support a diversified client base.

Financial highlights

• Gross margin was reported at $58.3 million, stable at 32% or 27% year-over-year.

• Underlying EBITDA margin declined to 4.1% from 9.6% year-over-year.

• Cash on hand at period end was $58.6 million, down from $91.6 million at 30 June 2025.

• Net tangible assets reported at $16.6 million, with net assets at $218.3 million.

• Shareholders’ equity decreased by $9.8 million to $218.3 million.

Outlook and guidance

• FY26 revenue guidance is $364–374 million, with underlying EBITDA expected at $30–31 million.

• Second-half underlying EBITDA forecasted at $23–24 million, with margin expansion expected as business returns to normal seasonality.

• Management remains confident in achieving full-year targets and expects a strong first half and even stronger second half in FY27.

• No matters or circumstances have arisen since 31 December 2025 that may significantly affect future operations or results.

• Internal policy changes implemented to cap WIP at $2 million without board approval to reduce future risk.