Infotrust's FY26 revenue rises nearly 10%

Infotrust has released its FY26 results, revealing revenue rose 9.8% from FY25 to $64.1 million.

Underlying EBITDA was down 20.3%, however, to $2.7 million.

The company said the step back in earnings was a "deliberate investment decision, not a deterioration in trading", as Infotrust built cyber security capacity ahead of revenue.

Infotrust said it is bank debt free, with a materially stronger cash position than a year ago, and the balance sheet has been reshaped around cyber security - a move that "creates the balance sheet for growth".

In May, the company appointed Paul Timmins as its new chief executive officer, with Julian Challingsworth set to transition out.

The month prior, Aussie Broadband bought Nexgen, a provider of business communication solutions, from Infotrust for an upfront cash consideration of $44.1 million, plus an additional earn-out of up to $5.9 million subject to Nexgen meeting EBITDA targets in FY26 or FY27.

Infotrust's Cyber Security and Digital Resilience segment now has a "stronger pipeline and low customer churn", as well as an expanded SOC, GRC and engineering capacity; the segment also started FY27 with a strong backlog of services to deliver.

Its Forensic IT business line saw H2 FY26 improvement under new leadership, along with repeatable DFIR retainers and preparedness work, plus sharper utilisation and go-to-market discipline.

In March, Infotrust acquired Canberra‑based Catalyst Cyber in a performance‑linked transaction valued at approximately $5 million, securing access to high‑barrier federal government cyber security markets.

In FY26, Catalyst delivered $2.1 million in revenue and $0.52 million profit after tax from ten weeks of ownership.

A full-year contribution is expected in FY27, along with federal and regulated authorities' growth.

Among the High Growth Practices identified by Infotrust that led to success in FY26 are AI Assurance & Governance, Secure Innovation Platform, Identity Security, Data Security and Privacy, Microsoft Cloud Security and AWS Cloud Security.

The company outlined five priorities for FY27, focused on delivering profitable growth.

These include growing the core business while scaling its high-growth practices; scaling managed detection and response, SOC, DFIR retainers and digital resilience contracts so revenue compounds monthly, not project by project; and delivering the measurable financial benefits of a unified operating model and expand margin on an already-growing revenue base.

Other priorities include extending the company's federal and regulated-market position through Catalyst Cyber and its sovereign delivery model, as well as pursuing selective acquisitions that add capability, reach or scale - accelerating, not replacing, organic execution.

The company's FY27 outlook sees Infotrust positioned to deliver profitable growth in FY27 & beyond, the company claims, as it targets more than $6.0 million in uEBITDA.

It said it also expects continued revenue growth into FY27, building on FY26’s 9.8% growth and a materially strengthened balance sheet.