Trajan Group (TRJ) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with acknowledgment of traditional custodians, welcome to shareholders, directors, and auditors, and instructions for virtual participation and voting.

• Chairman John Eales delivered the opening address, setting the tone and outlining the agenda.

• Agenda included procedural guidelines, company highlights, CEO update, and formal business including voting on resolutions.

Financial performance review

• FY2025 group revenue reached $166.5 million, up 7.4% from the prior year, with EBITDA improving and net debt reduced by 10.1% to $29.5 million.

• NEBITDA increased to $15.5 million, up 26.2%, and operating NPATA at $0.8 million, up 33.3%.

• Q1 FY26 revenue slightly up overall, with strong growth in Components and Consumables but a 20% decline in Capital Equipment segment.

• Full-year revenue guidance maintained at $170–$180 million, with EBITDA/nEBITDA guidance of $16–$19 million.

• Margin pressure and slower-than-expected improvement identified as ongoing challenges, especially in capital equipment.

Board and executive committee updates

• Board introduced, including John Eales (Chair), Stephen Tomisich (CEO), Robert Lyon, Tiffiny Lewin, Sara Watts, and Dr Rohit Khanna.

• CEO Stephen Tomisich presented updates on business performance and strategy.

• Sara Watts acknowledged for her service as she departs the board.