Atturra's FY25 revenue to exceed $300m

Atturra's underlying EBITDA is set to exceed $31m and its FY25 revenue will exceed $300m, up more than 20% on FY24, according to the company's unaudited FY25 results.

The company said that revenue growth reflects the "successful integration of acquisitions", but was impacted by lower-than-normal organic growth and a year-on-year reduction in revenue in the federal government and defence related businesses of approximately $15m.

Atturra forecasts a return to 10% organic growth in FY26.

Overall revenue and EBITDA growth is forecast to exceed 20%, based on a combination of organic growth and acquisitions already completed in FY25 and without taking into account any further acquisitions.

Over the last 12 months, Atturra has acquired Melbourne-based OpenText and SAP specialist Chrome Consulting, Sydney-based manufacturing ERP specialist ComActivity, US-based cloud integration, customisation and services firm Kitepipe and SAP partner DalRae Solutions.

In addition to the forecast 20% growth, Atturra said it remains well positioned to undertake additional acquisitions, with over $89m in cash and $35m in undrawn debt facilities at the end of FY25.

Atturra launched a pair of flagship products in FY25, with the company reporting both are "progressing well".

Scholarion, a proprietary student information system for schools, has achieved its goal of signing up two major schools and anticipates a third school to be contracted before the end of August. 

Atturra is targeting six schools to be contracted in FY26 and more than 20 by the end of FY27.

ACP, the company's end-to-end cloud hosted SaaS platform for running Boomi with managed services, launched in August 2024 with two pilot clients, and has now grown to 20 active clients.

Atturra CEO Stephen Kowal said FY25 marks a significant milestone in Atturra’s journey, transitioning from a scale-up into a fully integrated advisory and IT solutions provider.

"As outlined in our February market update, we have now shifted focus from getting to scale quickly to EPS growth," he said.

"Despite some ongoing headwinds in the Federal Government and Defence markets, our strong and diversified positioning across high growth key technology verticals has enabled us to deliver profitability in line with our targets, while continuing to grow at more than 20% per annum."

Looking ahead, Kowal said FY26 will be centred on enhanced organic growth, consolidating recent acquisitions and expanding Atturra's portfolio - particularly in managed services, ServiceNow, and high-value specialist domains.

"For FY26 we already have a clear line of sight to achieve 20% increase in revenue and underlying EBITDA as a result of both organic growth and acquisitions already completed in FY25," he said.

Underlying earnings before interest, taxation, depreciation, and amortisation (Underlying EBITDA) is a financial measure which is not prescribed by the Australian Accounting Standards Board (AASB) and represents profit under AASB adjusted for specific items, being capital raising costs, share-based payments, one-off transactions, retention, and integration costs relating to mergers and acquisitions, restructuring costs, and any other extraordinary events.

The directors of Atturra consider Underlying EBITDA to be one of the key financial measures for the company.

Atturra will provide its full year results on Wednesday 27 August 2025.