Atturra builds momentum with half-year revenue growth

Atturra has met its FY25 profitability targets, reporting unaudited underlying earnings of $31 million to $34 million, with an expected return to “historic organic growth rates of around 10 per cent”.

The IT service provider reported unaudited underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the 2025 financial year (FY25) of over $31 million. 

For FY26, overall revenue and EBITDA growth are forecast to exceed 20 per cent, based on a combination of organic growth and acquisitions already completed in FY25, with a return to historic organic growth rates of around 10 per cent, said the IT service provider.

Atturra’s unaudited FY25 revenue also exceeded $300 million, up more than 20 per cent on FY24, prior to the corresponding period. However, it was marginally lower than the guidance range of $305 million – $320 million. 

In addition to the forecasted 20 per cent growth, Atturra remains well positioned to undertake additional acquisitions, with over $89 million in cash and $35 million in undrawn debt facilities at the end of FY25. 

Atturra CEO Stephen Kowal said FY25 marked a milestone in Atturra’s journey, transitioning from a scale-up into a fully integrated advisory and IT solutions provider, although there were some recent challenges in the market. 

“Despite some ongoing headwinds in the federal government and defence markets, our strong and diversified positioning across high-growth key technology verticals has enabled us to deliver profitability in line with our targets, while continuing to grow at more than 20 per cent per annum,” said Kowal. 

“Looking ahead, FY26 will be centred on enhanced organic growth, consolidating our recent acquisitions and expanding our portfolio, particularly in managed services, ServiceNow, and high-value specialist domains.   

“For FY26 we already have a clear line of sight to achieve 20 per cent increase in revenue and underlying EBITDA as a result of both organic growth and acquisitions already completed in FY25.”