Cash constraints stymie growth for Infotrust in H1 FY26

Infotrust has released its financial results for the half year period to 31 December 2025 (“H1FY26”), with revenue being rising to $31.1 million, up 9% from H1 FY25, but underlying EBITDA falling 38% to 356,000.

These are the first results for the company since it united Spirit Technologies and Infotrust under a single national brand back in September. 

Growth in H1 FY26 was "held back as a consequence of cash constraints", but Infotrust highlighted that underlying EBITDA from continuing operations for H2 FY26 is expected to exceed $3 million.

In addition, on or around April 1 2026, proceeds of $44.1 million from the sale of business communication solutions provider Nexgen to Aussie Broadband will be received.

The divestment was described by the company as the next step in its "multi-year transformation", releasing capital to support Infotrust's acquisition pipeline strategy and continued investment in its SOC expansion, digital forensic and incident response (“DFIR”) capabilities, and secure-by-design managed IT and compliance-led offerings.

It also sharpens the focus on higher-margin cyber security and secure managed technology services and strengthens the balance sheet, according to the company.

During H1 FY26, Infotrust continued to invest in "high-growth areas" of cyber security, focused on uplift and expansion of its 'sovereign' 24x7 SOC capability, broadening detection, response and monitoring services; expansion of its Data Privacy and Protection practice, responding to increasing regulatory and customer requirements; and the launch of a new Identity practice, addressing identity-related cyber risk across increasingly distributed environments.

The pipeline of acquisitions to be actioned over the coming months include a focus on both new geographies, to expand the company's national footprint, as well as new cyber service capabilities.

Infotrust stated that with a "streamlined and refocused solutions portfolio", all business segments are expected to accelerate profitability in H2 FY26, with organic growth from new services lines scaling up in FY27 across each business unit.