Arbitr (AGT) AGM 2026 summary

Opening remarks and agenda

• AGM held 4 November 2026 at 2:00 p.m. AEDT; agenda covered the Chair’s address, Co-CEO presentation, Q&A, resolutions and voting.

• Meeting was delayed six months after fraud discovery in May, FY26 account reconstruction and audit, and ASX trading resumption on 2 September.

Financial performance review

• FY26 revenue was NZD 38.8m, gross margin 64%, adjusted EBITDA NZD 940,000 and year-end cash NZD 3.5m.

• Fraud losses were ~NZD 9m (US$5.2m); reconstructed FY26 accounts received an unmodified audit opinion, with recovery uncertain.

• Q2 FY27 customer cash receipts were NZD 9.25m vs NZD 8.82m in the prior quarter; revenue was NZD 6.6m at 68% gross margin and operating cash flow NZD 0.34m after forensic and remediation costs.

Board and executive committee updates

• Grant Straker resigned as director on 2 September 2026; Amanda Cribb became CFO on 9 September. New product, customer and sales leaders joined alongside a leaner cost base.

• Ron Heinz, appointed in September 2025, stood for election as an independent non-executive director; the Board supported his election and Heinz abstained.

• Linda Jenkinson said she remained within the three-year director shareholding policy timeframe and intended to acquire shares before its deadline.