SKS Technologies Group (SKS) H1 2026 earnings summary

Executive summary

• Revenue for H1 FY26 reached AUD 132 million, up 13.6% year-over-year, with strong growth across all profit metrics and significant expansion in both traditional and data centre segments.

• EBITDA rose 42.9% to AUD 14 million, and profit before tax increased 52.8% to a 9.7% margin, with NPAT up 52.5% to AUD 8.8 million.

• Integration and acquisition of Delta Elcom expanded presence in New South Wales and strengthened data centre capabilities.

• Strong order book and pipeline, especially in the data centre sector, though recruitment of skilled labour is increasingly challenging.

• Interim dividend declared at AUD 0.035 per share, up from AUD 0.01 in H1 FY25.

Financial highlights

• Sales revenue rose 13.6% to AUD 131.8 million in H1 FY26; EBITDA increased 42.9% to AUD 14 million; NPAT grew 52.5% to AUD 8.8 million.

• Operating cash flow increased 47% year-over-year to AUD 27.8 million; cash on hand at period end was AUD 51.8 million.

• Expenses rose 11.1%, less than the 13.6% sales increase, supporting margin expansion.

• Work in hand stands at AUD 325 million, up AUD 125 million from June 2025; orderbook and pipeline continue to expand.

• Basic and diluted EPS were 7.72 cents, up from 5.16 cents year-over-year.

Outlook and guidance

• Full-year FY26 revenue guidance of AUD 340 million with a 10% profit before tax margin.

• Significant uplift expected in H2 FY26, with strong momentum into FY27 (AUD 177 million already secured for FY27).

• Continued focus on organic growth, with opportunistic acquisitions as a secondary strategy.

• Strong demand and accelerating growth in the data centre sector expected to drive future results.

• Interim dividend of AUD 0.035 per share declared for the year ending 30 June 2026.