InvestSMART

Atturra Limited (ASX:ATA)

ALERT: Price-sensitive ASX Announcement for ATA
Current share price for ATA : $0.470 -0.27 (-36.49%)+
Announcement
Release
19 Dec 2025 10:26AM
Price at Release
$0.740
Full Release
download
Summary
Atturra Limited announced an update to its trading and earnings guidance due to the purported wrongful termination of a fixed-term contract with an Australian public sector body. This termination is expected to significantly impact the first half of the 2026 financial year results, with a return to normal operations anticipated in the second half. The updated guidance projects a decrease in FY26 revenue to a range of $364 million to $374 million and an underlying EBITDA of $30 million to $31 million. Despite this setback, Atturra maintains a strong balance sheet and foresees no long-term adverse effects. The company plans to dispute the termination, emphasizing its atypical nature given their history of contract stability.
Key Points
  • Purported wrongful termination of a contract with an Australian public sector body.
  • Impact expected primarily in the first half of FY26.
  • FY26 revenue guidance updated to $364 million to $374 million.
  • Underlying EBITDA guidance revised to $30 million to $31 million.
  • Atturra plans to dispute the contract termination.
  • No history of disputes or termination of material contracts for Atturra.
  • CEO emphasizes resilience and focus on client and shareholder value.
  • Anticipates recovery and renewed momentum in the second half of FY26.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.