• Revenue growth performance: Revenue grew 12.5% in Q4, supported by a 4% contribution from the Es-Tec acquisition alongside broad-based organic growth across automotive, aerospace, IHM, and education. Management reported record deal signings over the past 3.5 months and guided for double-digit organic growth in FY27.
• Operating margin targets: Margins expanded by 190 basis points quarter-on-quarter to 16%, with management reiterating guidance to reach an operating margin run rate above 18% by Q4 FY27. The company's long-term margin target remains set at 20% to 21% as business scale increases.
• Long-term growth targets: The company aspires to become a $1 billion revenue business within the next couple of years by taking full turnkey and vehicle package responsibilities for strategic clients.
• Segment mix outlook: Non-automotive accounts currently contribute around 19% of services revenue, with management expecting the share to gradually trend toward 70% automotive and 30% non-automotive over the next two to three years.