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Ignite Limited (ASX:IGN)

ALERT: Price-sensitive ASX Announcement for IGN
Current share price for IGN : $0.770 0.1 (14.93%)+
Announcement
Release
18 Feb 2026 3:35PM
Price at Release
$0.670
Full Release
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Summary
IGNITE Limited announced its half-year results for the period ending 31 December 2025. The company reported a revenue of $38.25 million, which is an 18% decrease compared to the previous period. The gross profit was $4.85 million, also down by 18%. The statutory profit stood at $308k, a 50% decline, while the underlying profit was $608k. EBITDA decreased by 59% to $294k. IGNITE had $4.95 million in cash and no debt as of the reporting date. Despite challenges in the Federal Government recruitment market, the company managed an underlying profit and has declared an interim dividend of $0.03 per share, fully franked, with a payment date set for 20 March 2026. The dividend reinvestment plan will not be in operation for this dividend. The closure of the Technology Solutions business resulted in restructuring costs of $300k. Executive Director Cameron Judson expressed commitment to the company's turnaround efforts.
Key Points
  • Revenue decreased by 18% to $38.25 million.
  • Gross profit decreased by 18% to $4.85 million.
  • Statutory profit decreased by 50% to $308k.
  • Underlying profit was $608k.
  • EBITDA decreased by 59% to $294k.
  • Cash available was $4.95 million with no debt.
  • Declared interim dividend of $0.03 per share, fully franked.
  • Closure of Technology Solutions business incurred $300k in restructuring costs.
  • Dividend payment date is 20 March 2026.
  • Dividend Reinvestment Plan will not operate for this dividend.
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.