Compumedics Limited (ASX:CMP) has reported record revenue of A$60.3 million for FY26, a return to net profit after tax of A$0.25 million, and disclosed a new five-program Value Realisation Program targeting partnership, licensing, co-development and strategic investment opportunities across its Somfit®, OrionMEG® and DWL® technology platforms.
Key Points
- FY26 revenue reached A$60.3 million, up 18.5% on FY25, with EBITDA of A$5.4 million representing a 74% increase and a margin of 9%
- Net profit after tax of A$0.25 million was recorded in FY26, compared with a loss of A$1.3 million in FY25
- Operating cash inflow was A$6.6 million in FY26, compared with A$0.4 million in FY25
- Five dedicated value realisation programs have been established, with one adviser appointed for the Somfit® US pharmacy and consumer program; two to three further adviser appointments are expected by the end of the March 2027 quarter
- The first 50 units of the single-use Somfit® D home sleep test were shipped to US customers in November 2026
FY26 Financial Results
Compumedics disclosed audited FY26 results showing revenue of A$60.3 million, EBITDA of A$5.4 million and net profit after tax of A$0.25 million. Operating cash inflow was A$6.6 million. Recurring revenue, comprising SaaS, consumables and customer care, reached A$18.3 million, representing 30% of total group revenue. Somfit® and NEXUS 360® SaaS revenue grew 70% to A$10.2 million, accounting for 17% of group revenue. More than one million studies have been recorded on the platform, including 257,000 in FY26 alone, with Somfit® contributing more than 110,000 of those studies.
Five-Program Value Realisation Strategy
The company's board has established five dedicated programs to pursue partnership, licensing, co-development and strategic investment, each supported by specialist deal makers. The programs cover three Somfit® verticals — US pharmacy and consumer, pharmaceutical and CRO trials, and cardiology — alongside a DWL® TCD AI-robotics program and an OrionMEG® program. Syed Husain of Red Brook Advisors, a former Head of Corporate Development and M&A at a Fortune 5 US healthcare company and registered pharmacist with more than 30 years' experience, has been appointed adviser for the Somfit® US pharmacy and consumer program. The filing states no transaction has been agreed and there is no certainty any transaction will proceed.
Guidance Revision and FY27 Outlook
Compumedics disclosed that FY26 revenue of A$60.3 million fell short of its original guidance of above A$70 million and its revised guidance range of A$62 million to A$65 million. The company attributed the shortfall to MEG shipment delays caused by helium supply and pricing disruption, and a later-than-planned US release of Somfit® D. The filing states A$28.3 million of open orders entered FY27, including A$13.1 million of MEG. FY27 guidance was disclosed as unchanged: double-digit revenue growth, with EBITDA growing faster than revenue. The company also said it will guide one year ahead only and report milestones only when delivered.



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