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hipages Group Holdings Limited (ASX:HPG)

ALERT: Price-sensitive ASX Announcement for HPG
Current share price for HPG : $0.740 -0.23 (-23.71%)+
Announcement
Release
24 Feb 2026 8:22AM
Price at Release
$0.970
Full Release
download
Summary
Hipages Group Holdings Limited, a leading platform in Australia and New Zealand for connecting households with tradie businesses, reported strong financial results for H1 FY26, ending 31 December 2025. The company achieved a significant EBITDA margin expansion and generated $4.3 million in free cash flow. Key drivers included double-digit revenue and Average Revenue Per User (ARPU) growth, aided by transitioning all tradie customers to new pricing plans. Key strategic initiatives included the launch of a rebranded tradie app, 'hipages for business', and a new benefits program, 'hipages Perks'. They also rolled out AI workflows to improve user experience and operational efficiency. The company updated its FY26 revenue target to $90-91 million, with a reaffirmed EBITDA margin target of 24%-26%. Hipages remains well-capitalized with $31.1 million in cash, providing strategic flexibility for future growth. The focus remains on expanding the core marketplace and job management functionalities while exploring new services to generate additional revenue streams.
Key Points
  • Significant 4ppt EBITDA margin expansion and $4.3 million free cash flow generation.
  • Double-digit revenue and ARPU growth, with all tradies migrated to new pricing plans.
  • Launch of rebranded 'hipages for business' tradie app and 'hipages Perks'.
  • Deployment of AI workflows across the value chain for enhanced user experience and operations.
  • Revenue target for FY26 updated to $90 million – $91 million with an EBITDA margin target of 24%–26%.
  • hipages is well-capitalized with $31.1 million in cash as of 31 December 2025.
  • Continuous product development focusing on marketplace growth, job management functionality, and new revenue streams.
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.