Hipages Group (HPG) AGM 2026 summary

Opening remarks and agenda

• Meeting opened at 10:00 a.m. with a quorum; the Chair’s and CEO’s prerecorded addresses were followed by formal business, Q&A and poll voting, with questions invited before voting closed.

• Valid proxies represented 92,455,265 shares, or 67.81% of issued capital; undirected Chair proxies were to be voted in favor of each resolution.

Financial performance review

• FY26 revenue rose 9% to AUD 90.6m, EBITDA rose 17% to AUD 22.9m, with a 25.3% margin, and free cash flow rose 66% to AUD 9.4m; statutory NPAT was AUD 15.0m.

• NPAT included an AUD 8.9m tax benefit from recognizing previously unrecognized deferred tax assets; pro forma NPAT was AUD 6.1m versus FY25 NPAT of AUD 2.4m.

• ARR reached AUD 95.6m, up 8%, and recurring revenue was 98% of revenue; subscription ARPU rose 9% to AUD 2,475 and serviced businesses increased 10% to 60.4k.

• Cash and funds on deposit rose to AUD 34.2m from AUD 26.9m, with no debt; each AUD of incremental FY26 revenue generated AUD 0.50 of free cash flow.

• Business-household connections declined 4% to 2.7m.

Board and executive committee updates

• Sally Fielke joined the Board on 31 August as News Corp Australia’s nominee, succeeding Nicholas Gray, who stepped down after taking a senior executive role at News Corp Australia; the Chair thanked Gray for his contribution through the listing.

• Fielke was assessed as non-independent and brought legal, corporate affairs and executive experience across News Corp Australia, Coles Group, Sydney Airport and other sectors.

• The Board comprised Chair and Independent NED Inese Kingsmill; CEO and Director Roby Sharon-Zipser; and NEDs Sally Fielke, Kate Hill, Kate Mills and Adir Shiffman. Hill chaired Audit and Risk; Mills chaired Remuneration and Nominations.