Objective Corporation (OCL) has released its full-year results for FY25, reporting significant growth in key financial metrics. Objective Corporation creates software to make a difference, enabling thousands of public sector organisations to transition to fully digital operations, ensuring accessibility, governance, and security. The company’s annualised recurring revenue (ARR) saw a substantial increase of 15.1%, reaching $120 million.
Financial highlights include a 5% increase in group revenue to $123.5 million, up from $117.5 million in FY24. Adjusted EBITDA also grew by 5% to $46.5 million, representing a 39% margin. Net profit after tax (NPAT) rose by 13% to $35.4 million. The company continues to invest heavily in research and development, with $31.2 million allocated in FY25, representing 30% of software revenue.
Objective Corporation’s business lines also demonstrated positive performance. Content Solutions ARR increased by 12% to $85.1 million, while Planning & Building ARR saw a notable surge of 31% to $18.2 million. Regulatory Solutions ARR also experienced growth, rising by 17% to $16.9 million. The company declared a final unfranked dividend of 13 cents per ordinary share, bringing the total dividends for FY25 to 22 cents per share, a 29% increase over the previous year’s 17 cents.
With a robust cash balance of $99.2 million and no external borrowings, Objective Corporation is well-positioned to pursue further investment opportunities. The company’s commitment to innovation and strong financial performance underscores its position as a leading provider of digital solutions for the public sector.
