Excite Technology Services has shattered its previous sales record, achieving $7.14 million in contract value for September 2025, driven by strong demand in cybersecurity and digital forensics.
- Record monthly sales of $7.14 million in September 2025
- Strong demand across cybersecurity, digital forensics, and managed services
- Significant contributions from government and enterprise sectors
- Strategic shift towards organic growth and technology partnerships
- Partnership with Nuix highlighted as key to success
A New Sales Milestone
Excite Technology Services Limited (ASX, EXT) has announced a landmark achievement in its growth journey, recording $7.14 million in contract sales for September 2025. This figure more than doubles the company’s previous record set just three months earlier in June, which stood at approximately $3 million. The surge underscores a robust market appetite for Excite’s cybersecurity, digital forensics, and managed services.
Drivers Behind the Growth
The company attributes this leap to a strategic recalibration focusing on organic growth through bolstered business development and capability investments. Excite’s CEO, Bryan Saba, emphasized the importance of their technology partnerships, particularly with Nuix, which have been instrumental in delivering tailored solutions to both government and enterprise clients. This collaboration appears to have enhanced Excite’s competitive edge in a crowded cybersecurity landscape.
Market and Sector Implications
Excite’s performance reflects broader trends in the cybersecurity sector, where demand for secure technology solutions continues to accelerate amid rising digital threats. The company’s ability to secure significant contracts across diverse sectors signals confidence in its service offerings and operational execution. As a purpose-driven organisation committed to "Supporting a Safe Australia," Excite is positioning itself as a trusted partner in national and commercial security frameworks.
Looking Ahead
While the announcement stops short of providing detailed contract terms or margin insights, the record sales month sets a promising tone for the remainder of fiscal year 2026. Investors and analysts will be watching closely to see if Excite can sustain this momentum and how its strategic emphasis on partnerships and organic growth will translate into long-term profitability and market share expansion.
Bottom Line?
Excite’s record sales month signals strong momentum, but sustaining growth will be the true test ahead.
Questions in the middle?
- What are the margin profiles and durations of the new contracts contributing to the record sales?
- How will Excite leverage its partnership with Nuix to maintain competitive advantage?
- Can the company sustain this accelerated growth pace through FY26 and beyond?