SKS Technologies Group (SKS) H2 2025 earnings summary

Executive summary

• Revenue reached $261.7M in FY25, a 92% increase year-over-year, with a 64.7% CAGR over five years.

• EBITDA rose 161.2% to $23.47M, and NPAT more than doubled to $14.03M, reflecting strong operational leverage.

• Expanded to eight locations nationwide, including a new office in Western Melbourne, and now employ approximately 950 staff.

• Work on hand doubled to $200M, and open tenders reached $517M, indicating a robust pipeline.

• Maintained momentum in attracting blue-chip clients across diverse industry sectors, with a 94% repeat business rate.

Financial highlights

• Revenue: $261.7M (up 92% YoY); EBITDA: $23.47M (up 161.2% YoY); NPAT: $14.03M (up 111.8% YoY).

• Profit before tax margin improved to 7.9% from 4.8% last year.

• Cash from operations reached $34.99M (up from $8M), net cash flows $29M, and cash in hand $32.5M.

• EPS increased to 12.49 cents (up 67.2% CAGR); full-year dividend of $0.06 per share declared.

• Net tangible assets per share increased by 138.7% to 18.07 cents.

Outlook and guidance

• FY26 revenue guidance set at approximately $300M, supported by a strong order book and expanding data centre market.

• Order book at the start of FY26 stands at $200M, with $40M expected to flow into FY27.

• Continued focus on organic growth, margin improvement, and opportunistic acquisitions.

• Enhanced operating platform and increased bank facilities to $34M to support growth.

• Strong demand anticipated across all market sectors, especially in data centres.