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hipages Group Holdings Limited (ASX:HPG)

ALERT: Price-sensitive ASX Announcement for HPG
Current share price for HPG : $0.730 -0.24 (-24.74%)+
Announcement
Release
24 Feb 2026 8:22AM
Price at Release
$0.970
Full Release
download
Summary
The H1 FY26 results for hipages Group Holdings Limited demonstrate significant growth and strategic developments. The company has evolved from a marketplace to a SaaS platform, achieving a 29% increase in EBITDA and a 257% increase in Free Cash Flow compared to the previous year. Key highlights include successful pricing plan migration in Australia, launching new app features, and over 40% revenue growth in New Zealand. The company reports a total revenue of $44.9 million, an EBITDA of $11.2 million, and a net profit after tax of $2.7 million. With a gross profit margin maintained at 89% and a steady subscription customer base, hipages continues to leverage its market leadership position, enhancing platform engagement and customer retention. The company anticipates continued growth and profitability with targeted revenue and free cash flow goals for FY26.
Key Points
  • Strategic evolution from marketplace to SaaS platform.
  • 29% increase in EBITDA and 257% increase in Free Cash Flow.
  • Successful pricing plan migration in Australia.
  • New app features and over 40% revenue growth in New Zealand.
  • Total revenue of $44.9 million and EBITDA of $11.2 million.
  • Net profit after tax of $2.7 million with a gross profit margin of 89%.
  • Steady subscription customer base and enhanced platform engagement.
  • Anticipation of continued growth and profitability in 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.