Captii (AWV) H1 2026 earnings summary

Executive summary

• H1 2026 revenue rose 13.2% YoY to S$8.939m, while net loss narrowed to S$0.011m from S$0.187m; EBITDA increased to S$0.507m from S$0.334m.

• Q2 revenue fell 5% YoY to S$4.098m, and the period shifted to a net loss of S$0.073m from net profit of S$0.145m.

Financial highlights

• H1 gross profit increased 5.5% YoY to S$5.149m, but gross margin declined to 57.6% from 61.8%; Q2 gross profit fell 13.8% to S$2.476m and margin was 60.4% vs 66.6%.

• H1 net total expenses increased 1.6% YoY to S$5.025m, reflecting higher payroll-related costs, partly offset by lower net foreign-exchange loss.

• H1 basic and diluted EPS was -0.01 cents, versus -0.76 cents in H1 2025; Q2 EPS was -0.01 cents versus 0.15 cents.

Outlook and guidance

• Unifiedcomms and GlobeOSS showed early signs of stabilisation in H1 2026, with traction from recently secured orders and a strengthening sales pipeline; performance outlook for 2026 remains cautiously optimistic.

• Existing contract delivery, service improvements, operational efficiency, cost discipline, product innovation and expanded market reach remain priorities.