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Decidr AI Industries Ltd (ASX:DAI)

ALERT: Price-sensitive ASX Announcement for DAI
Current share price for DAI : $0.270 -0.075 (-21.74%)+
Announcement
Release
31 Aug 2026 9:49AM
Price at Release
$0.345
Full Release
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Summary
Decidr AI Industries Ltd's Appendix 4E Preliminary Final Report for the financial year ended 30 June 2026 reports that revenue from ordinary activities rose 99.0% to $4.727 million and gross margin increased 37.8% to $2.111 million, but the group recorded an underlying EBITDA loss of $21.195 million and a statutory loss after tax attributable to owners of $33.081 million, compared with a profit of $71.110 million in FY2025, with the prior year having included a large fair value remeasurement gain on Decidr.ai Pty Ltd. The company stated no dividend was paid or declared. Net assets increased to $125.924 million, supported by $43.511 million of net equity contributions and a rise in cash to $23.371 million. The report highlights DAI's continued focus on AI software and expansion through corporate activity, including taking Decidr.ai Pty Ltd to 100% ownership in November 2025, establishing Decidr U.S. Inc. in October 2025, acquiring Delaware-based enterprise AI company Sugarwork, Inc. on 2 January 2026 to build a US operating presence and support agentic AI infrastructure growth, and noting a post-balance-date AWS ISV Accelerate Program acceptance and the Rumi.ai IP acquisition. The financial statements were still being audited at the report date, with an unmodified opinion expected.
Key Points
  • Preliminary final report for the year ended 30 June 2026 was authorised on 31 August 2026.
  • Revenue from ordinary activities increased 99.0% to $4.727 million.
  • Gross margin increased to $2.111 million.
  • Underlying EBITDA was a loss of $21.195 million.
  • Loss after tax attributable to owners of Decidr AI Industries Ltd was $33.081 million.
  • No dividends were paid, recommended or declared for FY2026.
  • Research and development tax incentive grant increased to $2.207 million.
  • Net assets increased to $125.924 million.
  • Cash and cash equivalents increased to $23.371 million.
  • Issued capital increased through placements and option exercises, with net equity contributions of $43.511 million.
  • Decidr.ai Pty Ltd became 100% owned on 14 November 2025.
  • Decidr U.S. Inc. was established on 9 October 2025.
  • Sugarwork, Inc. was acquired on 2 January 2026 to provide a US operational presence and support agentic AI infrastructure expansion.
  • Goodwill recognised on the Sugarwork acquisition was $16.699 million on a provisional basis.
  • The prior year's Decidr.ai acquisition accounting was finalised, recognising technology intangible assets and reducing goodwill.
  • The financial statements were in the process of audit and an unmodified opinion was expected.
  • After year end, DecidrOS became available on AWS Marketplace through the AWS ISV Accelerate Program.
  • After year end, the group acquired the intellectual property of Rumi.ai through Decidr U.S. Inc.
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.