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Stepchange Holdings Limited (ASX:STH)

ALERT: Price-sensitive ASX Announcement for STH
Current share price for STH : $0.120 0.02 (20%)+
Announcement
Release
26 Feb 2026 12:29PM
Price at Release
$0.100
Full Release
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Summary
StepChange Holdings Limited reported strong organic growth in the first half of FY2026, with a 19% increase in revenue and a 50% rise in normalised EBITDA compared to the pro-forma prior period. This growth was driven by new client acquisitions and expanded service offerings in the energy and government sectors. The company established US operations in Houston, Texas, and completed the acquisition of BroadReach Group Pty Ltd, enhancing its capabilities in enterprise architecture and ICT advisory services. StepChange announced an on-market share buy-back and remains confident in achieving its FY2026 revenue and EBITDA targets.
Key Points
  • StepChange Holdings Limited delivered 19% revenue growth in 1H FY26.
  • Normalised EBITDA increased by 50% compared to the pro-forma HY25.
  • Organic growth was driven by demand from Tier 1 enterprise and government clients.
  • The company expanded its operations to the US and acquired BroadReach Group Pty Ltd.
  • StepChange announced an on-market share buy-back equivalent to 10% of its shares.
  • The company aims to achieve FY26 revenue of $47.3 million and normalised EBITDA of $4.6 million.
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.