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Service Stream Limited (ASX:SSM)

ALERT: Price-sensitive ASX Announcement for SSM
Current share price for SSM : $2.400 -0.13 (-5.14%)+
Announcement
Release
19 Aug 2026 9:17AM
Price at Release
$2.530
Full Release
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Summary
Service Stream Limited's FY2026 presentation highlights significant financial performance improvements, including a 2.3% increase in total revenue to $2.475 billion and a 11.8% rise in EBITDA from operations to $163.4 million. The company's entry into the Defence sector marked a strategic expansion, contributing to an 18.4% growth in NPAT-A. Service Stream secured over $3.2 billion in new and renewed multi-year contracts, supporting a diversified portfolio and future growth. The company also focused on expanding its addressable market and strengthening its balance sheet, with a strong net cash position and high OCFBIT cash flow conversion. Strategic investments in SaaS and infrastructure, alongside continued M&A activities, aim to enhance capabilities and market reach.
Key Points
  • Total revenue increased by 2.3% to $2.475 billion.
  • EBITDA from operations rose by 11.8% to $163.4 million.
  • Entry into the Defence sector contributed to NPAT-A growth of 18.4%.
  • Secured $3.2 billion in multi-year contracts and renewals.
  • Focus on diversifying market and expanding addressable market.
  • Strong net cash position with high cash flow conversion.
  • Strategic investments in SaaS and infrastructure modernization.
  • Ongoing M&A activities to enhance capabilities and market reach.
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.