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Nuix Limited (ASX:NXL)

ALERT: Price-sensitive ASX Announcement for NXL
Current share price for NXL : $2.090 0.73 (53.68%)+
Announcement
Release
23 Feb 2026 8:30AM
Price at Release
$1.360
Full Release
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Summary
Nuix Limited presented its 1H26 financial results, highlighting significant growth and strategic advancements. The company reported an 8.4% increase in Annualised Contract Value (ACV) to $234.4 million, with a notable 148% rise in Nuix Neo ACV. Total revenue reached $121.2 million, up 15.2% from the previous year, driven by strong multi-year deal renewals and new customer acquisitions. The Adjusted Management EBITDA grew by 42.6%, demonstrating operating leverage improvement. Nuix has launched a comprehensive Neo Migration Program to transition its customer base to a modern platform, boosting ACV growth. The company's cash flow turned positive, with a closing cash balance of $57.8 million. Strategic priorities included enhancing product innovation and increasing operational efficiency, with a focus on leveraging AI capabilities.
Key Points
  • Annualised Contract Value (ACV) increased by 8.4% to $234.4 million.
  • Nuix Neo ACV rose by 148%.
  • Total revenue was $121.2 million, up 15.2%.
  • Adjusted Management EBITDA grew by 42.6%.
  • Positive cash flow with a closing balance of $57.8 million.
  • Launch of the Neo Migration Program to enhance platform transition.
  • Strategic focus on AI and operational efficiency.
  • Significant increase in multi-year deal renewals.
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.