Company Interview / AI & cloud push Atturra ahead

Key Points:

Atturra (ASX: ATA) FY25 revenue grows 23% to over $300 millionStrong demand in AI and cybersecurity boosts data businessOffshore expansion focuses on the US, reinvesting profits to achieve scaleAchieves first-in-Australia Microsoft private cloud solution partner designationOngoing emphasis on digital transformation and managed services

Atturra (ASX: ATA) has reported robust growth for FY25 with annual revenue rising more than 23% to over $300 million, although growth has slowed compared to the previous year’s 36% increase. CEO Stephen Kowal attributes this performance to a combination of organic and acquired growth, highlighting the strength of Atturra’s large data practice. Strong demand in artificial intelligence and cybersecurity drives much of the business’s momentum. Kowal notes non-cash items tied to acquisitions, particularly amortisation, and a recent capital raise account for a 7% decline in profit from ordinary activities and reduced earnings per share, now at 5.61 cents.

Kowal states the business has reached sufficient scale to serve enterprise clients and is focused on expanding its client base and accelerating digital transformation projects. Managed services remain another priority, aiming to convert transformation gains into ongoing recurring revenue. The strategy also includes selective offshore expansion, particularly in the US, following a recent acquisition there, with profits reinvested locally to build scale.

Atturra’s partnerships are central to its strategy, with the company becoming the first Microsoft solutions partner in Australia to achieve a private cloud solution partner designation. Kowal says the dynamic landscape, fuelled by AI and automation, necessitates continuous productivity improvement both internally and for clients.