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Trade Window Holdings (TWL) investor relations material
Trade Window Holdings H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 25% year-over-year to $4.6 million for the half-year ended 30 September 2025, driven by organic growth and strong demand.
Net loss after tax narrowed to $1.3 million from $2.4 million in the prior year, reflecting improved operating performance.
EBITDA loss reduced by 49% to $654,000–$700,000 compared to the same period last year.
Customer retention rate improved to 92%, with a diversified base of 534 customers and a focus on larger, higher-value clients.
Strategic focus on Freight AI development, deeper product usage, and value-accretive acquisitions, with Australia emerging as the largest market.
Financial highlights
Annual recurring revenue (ARR) grew 21% to $8.8 million, with 95% of revenue recurring.
Gross margin at 58%, down three points due to transition to managed cloud services.
Cash and cash equivalents at $1.1 million, with $5.8 million placement closed in November 2025 and settlement in December 2025.
Receipts from customers increased 29% to $5.3 million.
Average monthly cash burn/outflow at $100,000, reduced from $200,000 in the prior year.
Outlook and guidance
FY26 revenue is expected to range between $10 million and $11 million, with strong momentum in Australia and increased product usage.
Targeting EBITDA break-even in FY2027, with disciplined investment in Freight AI development.
Board-approved forecasts project sufficient cash for the next 14 months, contingent on revenue growth and capital raising.
Second half of the financial year expected to outperform the first half seasonally.
Accelerated Freight AI platform development targeted for completion in FY28.
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