Latest Saas Recurring Revenue News

Compumedics reported a record $60.3 million in FY26 revenue, driven by an 18% year-on-year increase and a 70% jump in SaaS recurring revenues from Somfit and Nexus 360. The company resolved supply chain disruptions and targets faster EBITDA growth in FY27.

TechnologyOne has delivered a record half-year profit and annual recurring revenue, driven by its AI-powered SaaS+ platform and strong sector wins, while reaffirming its FY26 growth guidance.

icetana AI has secured a $242,000 renewal contract with Curtin University, significantly expanding its camera licence footprint and boosting annual recurring revenue by 85%. The three-year SaaS deal underscores growing demand for campus security and reinforces the company’s recurring revenue model.

Hansen Technologies has agreed to acquire UK-based Digitalk for approximately A$66.4 million, aiming to boost its recurring revenue and global communications footprint. The deal is expected to be immediately accretive to earnings and completed by year-end 2025.

Spectur Limited reported a strategic revenue shift in Q1 FY26, with SaaS recurring revenue growing 5% year-on-year despite an overall 9% quarterly revenue dip. The company also raised $2.3 million to accelerate its solar-powered AI platform development.