Atturra (ATA) H1 2025 earnings summary

Executive summary

• Revenue for H1 FY25 rose 27% year-over-year to AUD 141.3 million, with underlying EBITDA up 23% to AUD 13.6 million and statutory EBIT up 26% to AUD 6.7 million.

• Earnings per share increased 14% to 1.31 cents, and underlying NPATA grew 34% to AUD 8.4 million.

• Net profit after tax attributable to owners was AUD 4.21 million, up from AUD 2.71 million year-over-year.

• Cash position at period end was AUD 98.4 million, with an undrawn facility of over AUD 39 million, supporting future investments and acquisitions.

• No dividends were paid, recommended, or declared for the half-year.

Financial highlights

• Gross margin increased to 32% (AUD 45.8 million), with underlying EBITDA margin at 9.6%.

• Net profit after tax (NPAT) increased 59% year-over-year to AUD 4.2 million.

• Net tangible assets increased to AUD 63.7 million, up AUD 42.2 million from six months ago.

• Working capital rose to AUD 74.2 million, mainly due to a capital raise of AUD 71.4 million.

• Shareholders' equity rose to AUD 225.2 million from AUD 150.2 million at 30 June 2024.

Outlook and guidance

• FY25 revenue forecast is AUD 305–320 million, with underlying EBITDA expected between AUD 31–34 million.

• Focus remains on expanding managed services, developing proprietary solutions, and selective offshore growth.

• Three strategic pursuits underway, with benefits expected in late FY26 or FY27.

• No matters or circumstances have arisen since 31 December 2024 that may significantly affect future operations or results.