Technology

The update also pointed to a stronger start to the 2027 selling season for its vocational education programme.

Revenue fell 3.4% to A$97.8 million, although grossMarginedged up to 32.4% from 32.0%, givingGross Profitof A$31.7 million. The company, which has operated for more than 39 years, distributes specialist equipment across Australia and New Zealand through three divisions, which reported FY26Revenueas follows.

The funding step follows a quarter in which the energy-software company spent heavily on its NanoSensor programme while winning larger contracts for its established SimbleSense and CarbonView platforms.

Revenue from its new platform reached A$2.7 million, up 48% on the same quarter a year earlier, while revenue per employee rose to A$355,000 following a restructure of the cost base. The company also confirmed receipt in October of a A$2.0 millionResearch and Developmenttax …

EBITDA came in at A$0.16 million against A$0.65 million a year earlier, as operating expenses rose to A$2.45 million from A$2.16 million. Cash nonetheless climbed to A$3.04 million from A$2.50 million at the same point last year.

That cash balance represented an estimated 0.76 quarters of funding against a quarterly operating outflow of A$58,000. Management said it expects to continue operating on the strength of existing cash, the new loan andCapitalmanagement initiatives, while noting that future funding depends on availability and …

Recurring revenue, however, rose 2.3% to A$4.4 million and made up 78% of the total. Gross margin improved to 83.0% from 78.4% in FY26, which management linked to lower delivery costs and a higher-quality revenue mix, and unaudited EBITDA was A$853,000, a 15.1% margin.