Atturra Limited confirms its FY26 revenue and EBITDA guidance, acknowledging a contract termination impact in H1 but optimistic about a stronger second half.
- FY26 revenue guidance maintained between $364 million and $374 million
- Underlying EBITDA expected between $30 million and $31 million for FY26
- Termination of a fixed-term contract impacts H1 FY26 results
- H2 FY26 underlying EBITDA forecasted between $23 million and $24 million
- Investor webinar scheduled for 26 February 2026 following results release
Steady Guidance Amid Contract Challenges
Atturra Limited (ASX, ATA), a prominent player in Australia's enterprise IT services sector, has reaffirmed its financial guidance for the 2026 fiscal year despite facing a notable setback. The company announced it will release its half-year financial results for H1 FY26 on 26 February 2026, with an investor webinar to follow featuring CEO Stephen Kowal and CFO Herb To.
In its latest update, Atturra confirmed its revenue guidance remains between $364 million and $374 million for FY26, alongside an underlying EBITDA (uEBITDA) forecast of $30 million to $31 million. This steadiness comes despite the termination of a fixed-term contract with an Australian public sector client, which the company says will primarily affect the first half of the fiscal year.
Impact of Contract Termination
The loss of this contract represents a significant headwind for Atturra in H1 FY26, though the company has not disclosed the precise financial impact. CEO Stephen Kowal highlighted that the majority of the negative effects are expected in the first half, with the second half anticipated to rebound. Specifically, Atturra projects underlying EBITDA between $23 million and $24 million in H2 FY26, aligning with prior guidance based on historical earnings splits.
This measured outlook suggests management’s confidence in the company’s diversified client base and ongoing contracts, which span sectors such as local government, utilities, defence, and education. Atturra’s partnerships with global technology providers like Microsoft, Cisco, and SAP further underpin its service offerings and revenue streams.
Investor Engagement and Transparency
Atturra is inviting investors and shareholders to a live webinar on 26 February at 10, 00am AEDT, where the leadership team will discuss the half-year results in detail. This session will provide an opportunity to gauge management’s strategy for mitigating the contract loss and sustaining growth momentum through FY26.
Given the company’s emphasis on underlying EBITDA; a measure adjusted for one-off costs and non-recurring items; investors will be keen to understand the quality of earnings and how Atturra plans to navigate the evolving market landscape.
Overall, while the contract termination poses a short-term challenge, Atturra’s reaffirmed guidance and proactive investor communication signal a steady hand at the helm as the company advances through FY26.
Bottom Line?
Atturra’s upcoming results will reveal whether its optimistic second-half rebound can offset early-year contract losses.
Questions in the middle?
- What is the exact financial impact of the terminated contract on H1 FY26 earnings?
- How does Atturra plan to replace or mitigate the lost revenue from the public sector contract?
- Will the company’s partnerships and sector diversification be enough to sustain growth beyond FY26?