Info-Tech Systems (ITS) H1 2026 earnings summary

Executive summary

• 1H2026 revenue rose 22% YoY to S$27.3m; adjusted EBITDA increased 22% to S$11.5m and adjusted NPAT rose 20% to S$8.7m.

• Recurring SaaS growth, demand for AI-related Academy programmes and a 14% increase in the order book supported performance.

• Served 28,000+ organisations and 1.1m users across Asia; customer retention remained above 90%.

Financial highlights

• Gross profit rose 19% YoY to S$22.6m; reported NPAT increased 89% to S$9.7m.

• Adjusted NPAT was S$8.7m, up 20%; reported growth reflected the S$1.0m GEMS grant and non-recurrence of prior-year listing and relocation costs.

• Basic and diluted EPS was 3.75 cents, versus 1.99 cents in 1H2025.

• Operating profit increased 78% to S$11.2m and profit before tax rose 81% to S$11.3m.

Outlook and guidance

• 2H2026 growth expected from SaaS customer growth and retention, maintenance renewals, broader solution adoption, AI-powered enhancements and cross-selling.

• Priorities include expanding the integrated suite, embedding AI and cross-selling HRMS, Accounting, CRM and Academy to improve productivity and customer lifetime value.

• Regional expansion and operating leverage, including an India development hub, are identified as growth and margin drivers.

• No material variance from the profit guidance announcement issued 14 July 2026.