Key Highlights

  • Revenue was $18.3m, up 14% on the prior corresponding period.
  • EBITDA was $2.4m, up 27%, with a 13% margin.
  • Platform revenue rose 108% to $8.8m, about 48% of group revenue.
  • FY27 guidance is revenue of $72m to $75m and an EBITDA margin of 11% to 12%.

Pureprofile Limited (ASX:PPL) released its Q1 FY27 business update on 26 October 2026 for the period ended 30 September 2026, reporting revenue of $18.3 million and EBITDA of $2.4 million on a preliminary and unaudited basis.

Revenue and earnings

Group revenue rose 14% on the prior corresponding period, or 19% in constant currency. EBITDA, which excludes significant items including share-based payments, rose 27% and the margin improved to 13% from 12%. Total operating expense growth of about 10% was below revenue growth of 14%.

Regional and platform performance

ANZ revenue rose 21% to $9.6 million, helped by higher project volumes and the rebranded Pureprofile Qual business, which added about 5 percentage points. Rest of World revenue rose 7% to $8.7 million, or 16% in constant currency, with foreign exchange reducing reported revenue by about $0.7 million. Platform revenue rose 108% to $8.8 million, up from about 26% to 48% of group revenue.

Clients, funding and guidance

Client numbers rose by 38 to 1,035, and annuity revenue was $16.9 million over the rolling 12 months. The company extended its $2.5 million CBA loan facility to November 2029, cutting the line fee from 4.20% to 2.85%. FY27 guidance of $72 million to $75 million in revenue and an EBITDA margin of 11% to 12% assumes current macroeconomic conditions continue.

Strategy and priorities

Pureprofile listed three priority areas. Revenue growth includes gaining share in the UK and US markets, increasing share of wallet with existing clients, scaling new products and pursuing targeted acquisitions, mainly in the US. Margin expansion includes growing revenue faster than costs, using a largely fixed overhead base and improving purchasing power on sample and other services. Shareholder value priorities include earnings-accretive acquisitions funded from existing cash and disciplined capital allocation.

Over six years, ROW revenue has grown at about 32% a year and ANZ revenue at about 17%, and ROW's share of group revenue has risen from roughly 30% in Q1 FY21 to 48% in Q1 FY27. Total revenue rose from $5.4 million in Q1 FY21 to $18.3 million.

Why This Could Matter

Platform revenue now accounts for close to half of group revenue, so changes in that line have a larger effect on group results than a year earlier. The margin guidance of 11% to 12% compares with 10% for FY26, and the company ties it to operating leverage and cost control.

Looking Back

Pureprofile (ASX:PPL) reported revenue of $18.3 million, EBITDA of $2.4 million and platform revenue of $8.8 million for Q1 FY27, with FY27 guidance retained.