Scott Technology (SCT) H2 2026 earnings summary

Executive summary

• FY26 revenue reached a record $294.1m, up 7% YoY, and operating EBITDA hit a record $36.1m, up 14%; earnings growth outpaced revenue growth.

• H2 operating EBITDA grew 78% vs H1 FY26; Lifecycle Services recurring revenue reached $95m, or 32.3% of total revenue.

• Destination 2030 frameworks and systems were established to support a more customer-led, scalable business.

Financial highlights

• FY26 revenue was $294.1m versus $275m in FY25; H2 revenue was a record $166m.

• Operating EBITDA was $36.1m versus $31.5m in FY25; reported EBITDA was $34.8m, with operating EBITDA excluding non-recurring costs.

• NPAT rose 10% to $15.7m from $14.2m; underlying EPS increased to 20.0 cents from 17.4 cents.

• Recurring revenue increased 9% to $95m; equipment revenue was $199m and recurring revenue was 32.3% of total revenue.

Outlook and guidance

• FY27 guidance: revenue of $310–340m and operating EBITDA of $36–41m, with continued investment in innovation, customer capability and the operating platform.

• FY27 domain revenue guidance: Materials Handling $130–140m, Protein $80–90m, Mining $65–70m and Appliances $35–40m.

• FY30 targets: revenue of $480–580m, midpoint $530m; operating EBITDA of $67–81m, margin of ~14%, and recurring revenue above 35%.

• Recent wins included $20m of Materials Handling contracts and a $6.5m North American Appliances project, both included in $146m of forward work.