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Objective Corporation Limited (ASX:OCL)

ALERT: Price-sensitive ASX Announcement for OCL
Current share price for OCL : $7.000 -6.87 (-49.53%)+
Announcement
Release
26 Feb 2026 9:45AM
Price at Release
$13.870
Full Release
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Summary
Objective Corporation Limited's First Half FY2026 Investor Presentation highlighted the company's robust performance and strategic initiatives. The company reported strong SaaS revenue growth of 24% and a substantial increase in annual recurring revenue (ARR) by 12% compared to the first half of FY2025. Objective focused on expanding its cloud solutions, enhancing its AI capabilities, and increasing its customer base across Australia, New Zealand, and the UK. Strategic investments in research and development continue to drive innovation, with a significant portion of revenues dedicated to AI development. The company plans to leverage its leadership in AI to deliver superior value and enhance customer productivity. Objective Corporation aims for ARR growth of 10-14% in FY2026, with a strong EBITDA margin, positioning itself for continued profitable expansion.
Key Points
  • 24% growth in SaaS revenue.
  • 12% increase in annual recurring revenue.
  • Expansion of cloud solutions and AI capabilities.
  • Strong R&D investment focused on AI.
  • Targeting 10-14% ARR growth in FY2026.
  • Expansion in Australia, New Zealand, and UK markets.
  • Significant enhancements in digital government solutions.
  • Commitment to innovation and customer satisfaction.
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.