Latest Excite Technology Services (ASX:EXT) News

A wild week for small-cap tech, led by a price-query rocket in DTI and a heavy sell-off in Qoria despite strong recurring revenue growth. Cash receipts, contract wins and capital raises did most of the talking, while a few gap moves showed how fast early gains can vanish.

Excite Technology Services has reported a record-breaking quarter with $9.2 million in customer receipts, marking a 125% increase year-over-year, alongside positive operating cash flow and strategic contract wins.

Excite Technology Services Limited reported a remarkable 370% revenue increase to $13.54 million for H1 FY2026, driven by strong growth across its cybersecurity, digital forensics, and IT managed services divisions. However, losses widened 43% to $2.51 million, reflecting restructuring and scaling costs, while the company secured $2.1 million in convertible notes to support its growth ambitions.

Excite Technology Services delivered a standout September quarter with record sales and secured $2.1 million in convertible note funding, reinforcing its growth trajectory in cybersecurity and digital forensics.

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.

Excite Technology Services has raised $2.1 million through convertible notes from institutional investors, including key backer Belgravia Strategic Equities, to fund cost restructuring and operational improvements.

Excite Technology Services has renewed a $2.14 million contract with Keyton Retirement Living to provide managed cyber security and IT services over two years, reinforcing a strong partnership in a critical sector.

Excite Technology Services has reported its highest-ever quarterly customer receipts of $6.3 million, driven by strong growth across its cybersecurity, digital forensics, and IT services divisions. The company also secured a significant $676,000 Federal Government contract and completed its NANGU Tactical Centre.

Excite Technology Services has landed a $676,000 contract with the Department of Home Affairs to enhance national digital forensics capabilities, marking a significant step in its government IT services growth.

Excite Technology Services reported a strong 53% revenue increase to $12.27 million for FY2025 but also saw its net loss nearly double to $4.44 million. The company expanded its footprint with the acquisition of digital forensics specialist CBIT Pty Ltd.

Excite Technology Services has successfully completed a $3 million placement, issuing 250 million new shares at a 9% premium, reflecting robust investor confidence.

Excite Technology Services has raised $2.8 million through a placement to accelerate growth in cybersecurity services and training, including investment in its flagship Nangu Tactical Centre.