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Objective’s AI strategy faces its first major test after Defence contract exit
9:05am on Friday 23rd of October, 2026 AEDT
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Information Technology
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Objective’s AI strategy faces its first major test after Defence contract exit
9:05am on Friday 23rd of October, 2026 AEDT
Key Points
Revenue rose 9% to $134.7 million and net profit increased 5% to $37.2 million
SaaS revenue grew 22%, but the Defence agreement contributing $8.3 million in FY2026 was not renewed
NHVR contract discontinuation reduces FY2027 ARR by $3.2 million
FY2027 adjusted EBITDA expected to be at least $40 million, versus $51.5 million cited for FY2026
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