HiTech Posts 7.1% Revenue Growth and $6.38M Net Profit in FY25
HiTech Group Australia Limited has reported solid growth in revenue and net profit for FY25, underpinned by strong demand in ICT recruitment and contracting services. The company also declared a fully franked 5 cent dividend, reflecting confidence in its financial position.
- 7.1% increase in operating revenue to $68.15 million
- Net profit up 5.79% to $6.38 million
- Underlying EBITDA rises 1.3%, underlying NPAT up 10%
- Strong balance sheet with zero debt and $9.65 million cash
- Fully franked final dividend of 5 cents per share declared
Robust Growth in a Competitive Market
HiTech Group Australia Limited has delivered a commendable financial performance for the year ended 30 June 2025, reporting a 7.1% increase in operating revenue to $68.15 million. This growth reflects the company’s strong foothold in the ICT recruitment and contracting sector, particularly amid sustained demand for IT infrastructure and cybersecurity talent.
The net profit attributable to members rose by 5.79% to $6.38 million, supported by an underlying net profit after tax increase of 10%. While underlying EBITDA growth was more modest at 1.3%, the results collectively indicate a steady expansion in profitability despite a competitive landscape.
Financial Strength and Dividend Confidence
HiTech’s balance sheet remains robust, boasting zero debt and a healthy cash balance of $9.65 million. Net tangible assets per share improved by 20% to 27 cents, underscoring the company’s solid asset base. The board has declared a fully franked final dividend of 5 cents per share, consistent with the prior year, signaling confidence in ongoing cash flow generation and financial stability.
The company’s CEO, Elias Hazouri, highlighted the firm’s preparedness to capitalize on continued demand for specialist ICT professionals. HiTech’s established client base, including federal and state government departments and private enterprises, provides a stable platform for future growth.
Strategic Focus and Market Outlook
Management is actively pursuing new business opportunities and cost management initiatives to align operating expenses with profitability targets. The company also indicated an interest in earnings-per-share accretive acquisitions, suggesting a strategic approach to growth beyond organic expansion.
While the ICT recruitment sector remains buoyant, the company acknowledges potential risks from any downturn in demand for ICT resources, which could pressure margins and contract volumes. Nonetheless, HiTech’s preferred supplier status and ongoing system improvements aim to sustain its competitive edge.
With accounts currently under audit and no expected qualifications, the preliminary results provide a reliable snapshot of HiTech’s financial health as it navigates a dynamic market environment.
Bottom Line?
HiTech’s steady growth and strong balance sheet set the stage for strategic expansion, but vigilance on market demand will be key.
Questions in the middle?
- What specific acquisition targets is HiTech considering to boost EPS?
- How will the company mitigate risks if ICT demand softens?
- What new client sectors or geographies might HiTech explore next?
