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HighCom Limited (ASX:HCL)

ALERT: Price-sensitive ASX Announcement for HCL
Current share price for HCL : $0.105 -0.04 (-27.59%)+
Announcement
Release
22 Jun 2026 9:36AM
Price at Release
$0.145
Full Release
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Summary
HighCom Limited has issued an update to its FY26 guidance, indicating a significant improvement in H2 FY26 revenue, which is expected to be 70% to 100% higher than the $10.9 million recorded in H1 FY26. Despite this, the company anticipates an EBITDA loss between $1.2 million and $1.6 million for H2 FY26, which is an improvement over the $5.4 million loss recorded in H1. The update reflects the timing of revenue recognition changes, deferral of some armour orders to FY27, and changes in product mix, although these are partially offset by strong performance in the technology sector. HighCom assures that there is sufficient cash available, and the revised guidance does not necessitate immediate capital raising. The update is based on unaudited management accounts and is pending final contract completions by the end of June 2026.
Key Points
  • H2 FY26 revenue expected to be 70%-100% higher than H1 FY26 of $10.9 million
  • EBITDA loss for H2 FY26 between $1.2 million and $1.6 million
  • Revenue recognition timing and product mix changes affect guidance
  • Certain armour orders deferred to FY27
  • Stronger performance from the technology business offsets some variances
  • Company maintains adequate cash position, no immediate need for capital raising
  • Updated guidance reflects unaudited management accounts and expected contract completions by 30 June 2026
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.