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Beonic Ltd (ASX:BEO)

ALERT: Price-sensitive ASX Announcement for BEO
Current share price for BEO : $0.075 -0.025 (-25%)+
Announcement
Release
30 Apr 2026 9:35AM
Price at Release
$0.100
Full Release
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Summary
In the third quarter of fiscal year 2026, Beonic Ltd achieved significant financial improvements with a year-to-date EBITDA margin of 15.8%, tripling from the previous period's 4.8%, driven by high-quality recurring revenue and disciplined cost management. Total revenue for the quarter reached $6.3 million, marking a 13% increase compared to the same period last year. Despite a 10.5% decrease in quarterly recurring revenue, largely due to currency fluctuations, Beonic secured $1.5 million in new contracts and expansions. Major projects included the continuation of the Moroccan Airports rollout, expected to contribute $2.0 million AUD in annual recurring revenue upon completion. The company also retired a USD $3.1 million debt facility and secured a $1.0 million AUD short-term loan from directors, ensuring financial flexibility. Beonic's strategic focus remains on expanding its AI-powered SaaS platform across various sectors, including airports and large public venues globally.
Key Points
  • YTD EBITDA margin increased to 15.8%, from 4.8% previously.
  • Total quarterly revenue was $6.3 million, up 13% from the previous period.
  • Quarterly recurring revenue decreased by 10.5% due to currency impacts.
  • New contracts and expansions totaled $1.5 million.
  • Moroccan Airports project continues, projected to add $2.0 million in ARR.
  • USD $3.1 million debt facility retired; $1.0 million AUD short-term loan secured.
  • Beonic focuses on expanding its AI-powered SaaS services globally.
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.