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Stepchange Holdings Limited (ASX:STH)

ALERT: Price-sensitive ASX Announcement for STH
Current share price for STH : $0.130 0.005 (4%)+
Announcement
Release
22 Apr 2026 8:18AM
Price at Release
$0.125
Full Release
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Summary
StepChange Holdings Limited reported strong unaudited quarterly revenue and EBITDA for the quarter ending 31 March 2026. The company achieved $15.18 million in revenue and $1.46 million in EBITDA, supported by organic growth and the integration of BroadReach Group Pty Ltd. The company's performance was driven by expansion within existing clients, new contracts in the energy and government sectors, and improved gross margins. The integration of BroadReach is progressing well and is enhancing capabilities in enterprise architecture and ICT advisory, aiding client decision-making cycles. Additionally, StepChange is implementing AI tools to enhance delivery speed and scalability.
Key Points
  • Strong unaudited quarterly revenue of $15.18 million and EBITDA of $1.46 million.
  • Growth driven by expansion within existing Tier 1 enterprise clients and new contract wins.
  • Improved EBITDA margin from 8.0% to 9.6%.
  • Successful integration of BroadReach, expanding capability and client reach.
  • Continued demand for SAP migration, cloud transformation, and ICT advisory services.
  • AI tools embedded in delivery model for consistency and scalability.
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.