Excite Technology Services Ltd
EXT.ASXInformation Technology
Market Data
$0.006
+0.2%$13.0M
-100000.0x
$-0.004
0.00%
-0.4%
Latest Earnings
Preliminary Final Report
29 May 2026
Excite Technology Services achieved strong revenue growth of 74% to $21.3M in FY2026, driven primarily by the CBIT acquisition and hardware/software resale business, though net losses improved 16% to $5.4M as the group remains unprofitable. The company faces material going concern uncertainty and negative equity of $4.1M, relying on continued fundraising and execution of growth initiatives to sustain operations. Key points: Strong revenue growth of 74% to $21.3M driven by CBIT acquisition (contributing $15.8M) and organic growth across existing segments; Net loss improved 16% to $5.4M despite 74% revenue growth, demonstrating improved operational leverage; Significant diversification through CBIT acquisition adding digital forensics, training and high-mix annuity revenues from enterprise and government customers
Recent Announcements
Preliminary Final Report
Excite Technology Services achieved strong revenue growth of 74% to $21.3M in FY2026, driven primarily by the CBIT acquisition and hardware/software resale business, though net losses improved 16% to $5.4M as the group remains unprofitable. The company faces material going concern uncertainty and negative equity of $4.1M, relying on continued fundraising and execution of growth initiatives to sustain operations. Key points: Strong revenue growth of 74% to $21.3M driven by CBIT acquisition (contributing $15.8M) and organic growth across existing segments; Net loss improved 16% to $5.4M despite 74% revenue growth, demonstrating improved operational leverage; Significant diversification through CBIT acquisition adding digital forensics, training and high-mix annuity revenues from enterprise and government customers
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