Key Highlights

  • Hubify reported half-year revenue of A$8.33 million to 31 December 2025, 91 per cent of it recurring, with EBITDA of A$0.33 million.
  • The company raised A$250,000 through a placement of 5,952,381 shares at A$0.042 on 27 February 2026.
  • Hubify said on 17 April 2026 that it had completed a A$250,000 investment in AI platform HubLab.

Hubify (ASX:HFY) is attempting to reposition a conventional telecommunications and IT services business around artificial intelligence. Its first concrete step is a small equity stake in an AI platform called HubLab, and much of the strategy is set out in company statements rather than in reported results.

What the company does

Hubify's 27 February 2026 announcements describe a provider of telecommunications, IT and cybersecurity services to Australian businesses with between 10 and 1,000 employees. Its service lines span internet and networks, voice, managed services, cybersecurity, professional services and mobility.

The half-year position

The company's half-year results to 31 December 2025, released on 27 February 2026, showed revenue of A$8.33 million, 91 per cent of it recurring, a 56.9 per cent gross margin and EBITDA of A$0.33 million, up from A$0.18 million a year earlier. Net operating cash flow was A$0.35 million. Hubify reported cash and term deposits of about A$3.0 million, no bank debt and an annualised revenue run rate of A$17.77 million at the January 2026 exit.

The AI pivot and the HubLab stake

Also on 27 February 2026, Hubify announced a placement of 5,952,381 shares at A$0.042 to raise A$250,000, which it described as a 425 per cent premium to the 0.8 cent close of 26 February. The placement used existing capacity and the investors were not named. The company earmarked the funds for AI go-to-market work, partnerships, deployment capability and equity positions in AI-native platforms.

The first partnership is with HubLab, an Australian AI platform powered by Labrynth AI, a United States regulatory technology company. Hubify signed a master services agreement and agreed to take an equity interest. On 9 March 2026, alongside a separate response to an ASX aware letter, the company clarified that the terms were non-binding: A$250,000 into HubLab's A$1.25 million raise at an A$11 million pre-money valuation, an option to add A$250,000 at the same valuation until 31 March 2027, and up to A$500,000 at a 20 per cent discount over 36 months, with 12 months of full-ratchet anti-dilution protection.

Hubify announced on 17 April 2026 that it had completed the A$250,000 investment. It has not disclosed the percentage held; a simple post-money calculation would put it at roughly 2 per cent, though that is arithmetic rather than a company figure. Non-executive director Charbel Nader is also chairman of HubLab.

The company says it will act as HubLab's execution arm, earning revenue from AI advisory and implementation work, and that HubLab's CERTAiNTY payroll compliance product has moved from pilot to enterprise rollout. Both are company claims.

Risks

The A$250,000 investment is small against a revenue run rate of roughly A$17 million, so its relevance lies mainly in the sales channel it may open. Near-term results continue to depend on the existing services business. Management expects material benefits from the AI strategy in FY27, which is guidance rather than a reported outcome.

What to Watch

Hubify lodged its FY26 annual report and presentation on 27 August 2026 and a notice of annual general meeting on 17 September 2026. Those documents may update the half-year figures above and provide further detail on HubLab and the AI revenue the company is targeting.