Австралийский IT-консалтинг StepChange увеличил выручку на 31% благодаря слиянию с BroadReach

Attributed its growth to a combination of organic and acquisition. Australian technology consulting and advisory company StepChange has seen strong growth over the past year, with revenue climbing 31 per cent to $55.6 million. In an investor presentation StepChange noted its gross profit rose 40 per cent to $7.93 million. While underlying earnings before interest, tax, depreciation and amortisation (EBITDA) increased 57 per cent to $5.01 million. The firm’s EBITDA margin improved to more than 9 per cent, while gross margin also expanded from 13.2 per cent to 14.3 per cent. StepChange’s balance sheet strengthened during the year, with $5.2 million in cash as of 30 June 2026. Net assets increased to $22.1 million, up from $1.2 million on a pro-forma FY25 basis. The tech consultancy also secured a $10 million acquisition facility with Westpac and reported more than 100 per cent operating cash conversion of normalised net profit after tax. This growth was driven by continued demand for the company’s SAP, cloud and ICT advisory services, expansion within enterprise customers. As well as new contract wins across the energy and government sectors In its investor presentation, StepChange stated it was well positioned to benefit from accelerating demand for AI, along with cyber security, quality engineering and digital transformation services. The firm also pointed to the successful integration of Perth-based ICT advisory firm BroadReach, which it acquired in December 2025, as a key driver of future growth. BroadReach has helpe to expand StepChange’s enterprise architecture and strategic advisory capabilities, while broadening its presence across government and public-sector organisations. At the time the Perth-based ICT advisory firm was acquired on an upfront payment of $2.5 million, made up of $1.6 million in cash and $900,000 in StepChange shares. Additional payments of up to $1.8 million may be made if BroadReach meets agreed financial performance targets over the following two years. The deal also includes up to $1.8 million in deferred consideration tied to the achievement of earnings before interest, tax, depreciation and amortisation (EBITDA) performance targets across financial year (FY)26 and FY27. StepChange completed the BroadReach acquisition and began contributing to group revenue from January 2026. According to the tech consultancy firm BroadReach’s helped to lift consultant numbers past 200 and added enterprise architecture capability to the business. FY26 results include a contribution from the Perth-based firm, with StephChange management noting in the investor presentation that the acquisition exceeded expectations, adding to both revenue and delivery capacity.