Technology

• The joint venture, Ackland Investments, sought to acquire up to 9.9% of NEXTDC shares at A$9.50 per share via an aftermarket book build

• SaaS revenue grew 22% during FY2026, with 100% of software revenue now contracted under a subscription model.

• The Smart Platform, including DynamicRevenuePlus and Channels Plus, accelerated adoption during the year

• Profit before tax reached a record $89.1 million, up 9%, with the company reaffirming upgraded PBT guidance of 18%-20% growth for FY26.

• Underlying EBITDA reached USD$644.5 million, representing a 46% margin, up 56% from the prior year

• The company added 506,000 net new customers during FY26, bringing its total subscriber base to 4.92 million globally.

Airtasker shares traded at A$0.188, down 6.25%. The company presented its 1Q27 trading update at an investor webinar on 15 October 2026, with CEO Tim Fung and CFO Reena Minhas presenting the figures.