Highlights

  • Annualised exit-rate Revenue reached $13.6 million at 30 June 2026, 1.7 times the March 2026 exit rate and 7.5 times the prior corresponding quarter.
  • Statutory revenue grew 99% to $4.7 million in FY26, while the company recorded a net loss after tax of $33.1 million reflecting deliberate Investment in product, go-to-market and US expansion.
  • Cash increased to $23.4 million at 30 June 2026, up from $17.2 million at 31 March 2026, following Capital raises of $19.0 million in September 2025 and $14.2 million in May 2026.
  • The company acquired the remaining 49% of Decidr.ai during the year, taking full ownership, and completed the Acquisition of Sugarwork to establish a United States operating base.

Decidr AI Industries Limited (ASX:DAI) shares closed at $0.30 on 17 September 2026, up 3.51% or 1 cent on the day. The company's FY26 Preliminary Results and Year in Review, was released to the ASX on 31 August 2026, detailing the transition of the Business into what the company described as a commercial software business.

The AI-enablement company reported accelerating revenue growth across six consecutive quarters, alongside a substantial net loss reflecting continued investment in product development and expansion into the United States market.

Revenue and Financial Performance

Decidr reported annualised exit-rate revenue (AER) of $13.6 million at 30 June 2026, 1.7 times the March 2026 exit rate and 7.5 times the prior corresponding quarter, representing six consecutive quarters of AER growth. Statutory revenue for the full year was $4.7 million, up 99% on FY25.

The company recorded a net loss after tax of $33.1 million, attributed to deliberate investment in product development, go-to-market activities and United States expansion. Cash held at 30 June 2026 was $23.4 million, up from $17.2 million at 31 March 2026. Trade receivables stood at $1.4 million, which the company said reflected invoicing momentum in the final quarter.

Revenue growth was led by embedded partners and by early adopters of DecidrOS moving from pilot to production use.

Building the Platform

During FY26, the company acquired the remaining 49% of Decidr.ai, taking full ownership of the business, its technology and its founding team. Paul Chan joined as Co-CEO and Chief Innovation Officer, consolidating technology, governance and Leadership into a single structure.

The acquisition of Sugarwork established a United States operating base and gave the group a knowledge-capture platform now serving as the entry point for most new enterprise relationships. A post-year-end acquisition of Rumi.ai added ambient knowledge capture, with its engineering team integrated into Sugarwork in the US.

DecidrOS moved from Beta launch in October 2025 to early commercial deployment during the year, with a larger agentic graph platform extension planned to go live in FY27.

Distribution and Partnerships

Distribution was the principal focus of the second half, with DecidrOS listing on the AWS Marketplace in March 2026, before being accepted into the AWS ISV Accelerate Program at the start of July 2026, providing access to AWS co-sell motions. The company also initiated a relationship with Google Cloud across infrastructure, marketplace and enterprise go-to-market.

The partner network now exceeds 14 relationships, including a teaming agreement with a Tier 1 APAC systems integrator, ICON Consulting, AE Studio, and Beckway as a commercial reseller, alongside SCX.AI supporting sovereign AI infrastructure across the region. Reseller contracts are in place across the United States, Australia and Singapore.

Capital Position and Cost Discipline

Decidr raised $19.0 million in September 2025 and $14.2 million in May 2026, net of transaction costs, to fund product development, go-to-market activities, acquisitions and US expansion. The company acknowledged it is not yet self-funding and that every dollar raised represents dilution shareholders have accepted on the expectation of returns.

The company initiated an efficiency program during the fourth quarter targeting approximately $5 million in annualised cost reductions, largely through product and engineering synergies following the Sugarwork and Rumi.ai integrations. Capital is being directed purposefully to North America over the next twelve months, while Australia remains the operating core for Research and Development and sovereign credentials relevant to regulated markets.

Board Appointments and Outlook

The company's US Board was strengthened during the year with the appointments of DAI Director Jenny Fielding, Sugarwork Co-Founder Vanessa Liu and Rumi Co-Founder Vinny Lingham, whose networks the company said are already opening customer and partner conversations.

The company said it enters FY27 with a funded balance sheet, a shrinking cost base, a product in production with paying customers, and distribution through a growing Partnership base, with the focus now on progressing receivables to cash collection, converting pilots into longer-term customer engagements, and supporting partner agreements through to revenue generation.

What to Watch Next

The company said it will release a deep-dive presentation to the ASX in September 2026 providing a broader review of the year and an outlook on technology and market penetration. Investors will likely watch for progress converting the $23.4 million cash position and reduced cost base into a path toward self-funding operations.

Continued growth in annualised exit-rate revenue and progress converting trade receivables into collected cash will be relevant markers for FY27.

Risks

Decidr AI Industries recorded a net loss after tax of $33.1 million in FY26 and has explicitly acknowledged it is not yet self-funding, meaning further capital raises remain a possibility if revenue growth or cost reduction targets are not achieved as planned. The company's efficiency program targeting $5 million in annualised cost reductions has only recently been initiated, and its full effect on the cost base has not yet been demonstrated over a complete financial year.

As an early-stage commercial software business, the company's revenue is concentrated in recently established products and partnerships, including DecidrOS and Sugarwork, both of which remain in relatively early stages of enterprise adoption despite the reported growth in annualised exit-rate revenue.

Key Takeaways

Decidr AI Industries closed out FY26 having transformed from a company holding a majority stake in a platform still under development into what it describes as a commercial software business with paying enterprise customers and a growing partner network spanning AWS, Google Cloud and multiple regional resellers. The near doubling of statutory revenue and the acceleration in annualised exit-rate revenue to $13.6 million point to genuine commercial traction, though the accompanying $33.1 million net loss underscores the scale of investment required to build that position. With a funded Balance Sheet heading into FY27 and a cost efficiency program now underway, the company's next test will be converting its expanding partnership base and pilot customers into the recurring, self-funding revenue base management has flagged as the priority for the year ahead.