Atturra’s half yearly revenue for FY25 rises by up to 28%

Atturra’s half yearly consolidated revenue for its 2025 financial year is expected to reach up to $142 million, an increase of up to 28 per cent.

In an announcement to the Australian Securities Exchange (ASX), the IT service provider said it expects its unaudited consolidated revenue for the first half of financial year 2025 to be in the range of $140 million to $142 million, an increase of 26 per cent to 28 per cent on the previous reporting period‘s revenue of $111.1 million.

Atturra CEO Stephen Kowal said in the announcement that the IT service provider was off to a “great start”, with its underlying earnings before interest, tax, depreciation and amortisation (EBITDA) for H1 FY25 expected to be in the range of $13.2 million to $13.8 million, up 19 per cent to 24 per cent compared to the same period in 2024.

Additionally, unaudited earnings before interest and taxation (EBIT) for H1 FY25 is expected to be in the range of $6.5 million to $6.8 million, an increase of 23 per cent to 28 per cent on the same period last year.

Following its recent acquisitions of Plan B, Chrome Consulting, and ComActivity, Atturra has also provided updated guidance for FY25, expecting revenue between $305 million and $320 million and underlying EBITDA in the range of $31 million to $34 million.

Atturra said while the margin remains the same, contribution to EBIT for FY25 is lower than anticipated while the change in the range of underlying EBITDA guidance has been driven by a number of factors.

This includes revenue recognition for a major project being undertaken by a company recently acquired, which will take 18 months to deliver.

For its underlying EBITDA guidance, factors include additional unforecasted risk in federal government work to which Atturra has exposure of $1 million to $1.5 million of EBIT and bidding on three strategic multi-year contracts with significant long-term recurring revenue

“We have achieved our internal targets and are seeing strong demand for some of our new offerings,” said Kowal. “We have added the necessary volume to our managed services business in the first half.”

Atturra continues to see strong demand across its other segments and is seeing ongoing demand for some of its new offerings, including its hosted Cloud Platform for Boomi.