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Infotrust Ltd (ASX:ITS)

ALERT: Price-sensitive ASX Announcement for ITS
Current share price for ITS : $0.235 -0.215 (-47.78%)+
Announcement
Release
19 Mar 2026 8:17AM
Price at Release
$0.450
Full Release
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Summary
Infotrust Ltd has announced the acquisition of Catalyst Cyber, a Canberra-based specialist cyber security consultancy, to bolster its expansion into the Federal Government sector. This strategic move is expected to enhance Infotrust's earnings and market presence, contributing approximately $1.3 million in revenue and $0.3 million in EBITDA for the second half of fiscal year 2026. The acquisition aligns with Infotrust’s vision of becoming Australia’s foremost cyber security services provider, with the transaction structured to incentivize earnings performance and personnel retention. The deal involves both cash and shares, leveraging a 5x EBIT multiple, and includes potential additional earn-outs based on future EBIT growth.
Key Points
  • Infotrust has acquired Catalyst Cyber to expand into Federal Government cyber security markets.
  • Catalyst Cyber is a Canberra-based firm with strong Federal Government relationships.
  • The acquisition is expected to add $1.3 million in revenue and $0.3 million in EBITDA to Infotrust for H2 FY26.
  • The transaction is structured with a consideration based on a 5x multiple of EBIT, payable in cash and Infotrust shares.
  • Shares issued will be based on a 21-day VWAP of $0.55, with half under 2-year escrow.
  • Additional earn-out is possible depending on EBIT growth in FY27 and FY28.
  • The acquisition strengthens Infotrust’s position in regulated environments and federal markets.
  • Infotrust aims to become Australia’s leading cyber security services provider through this acquisition.
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.