)
HighCom (HCL) investor relations material
HighCom H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a significant turnaround in FY25, returning to positive EBITDA of $0.2 million after a large loss in FY24, driven by cost reductions, inventory optimization, and recommissioning of the XTclave production line.
Revenue grew 6% year-over-year to $48.1 million, with the U.S. business up 10% and technology division flat due to contract timing.
Major investment in XTclave and a full business review have positioned the company for growth and margin improvement in FY26.
Cost controls, inventory reduction, and a new executive team contributed to operational stabilization.
Net loss narrowed to $1.2 million from $12.0 million in FY24.
Financial highlights
EBITDA increased by $9.8 million to $0.2 million, marking a return to profitability.
Revenue rose to $48.1 million, up 6% year-over-year; gross profit was $11.0 million, down $2.4 million from FY24.
Cash balance at year-end was $5.8 million, with no debt and $3.8 million in available debt facilities.
Gross margin declined to 23% from 30% due to discounted sales and clearing impaired inventory.
Employee costs reduced by $1.7 million and operating expenses by $2.7 million.
Outlook and guidance
Anticipates increased gross margins in FY26 as new XTclave products launch and impaired inventory is cleared.
Expects revenue and EBITDA growth in FY26 without materially increasing operating costs.
Defense sector outlook remains strong due to global geopolitical instability and rising defense spending.
Short-term challenges in Q1 FY26 due to US government funding delays.
Next HighCom earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage