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The latest update is out from Compumedics Limited ( (AU:CMP) ).
Compumedics reported sustained order momentum across its sleep, neurology and MEG platforms, underpinned by growing SaaS and annuity revenues that improve visibility and the quality of future income. The company expects record revenue of about $62 million to $65 million and record EBITDA of $5.5 million to $7 million in FY26, representing strong year-on-year growth despite operational headwinds.
Management highlighted that revenue conversion has lagged order intake due to shipment and installation timing for MEG systems and a deliberate delay to the Somfit D rollout in the U.S., compounded by helium supply constraints linked to Middle East conflict. These issues are framed as timing-related, with revenues anticipated to flow more strongly into FY27, while disciplined cost control, a U.S. cost base reset and enhanced working capital facilities provide earnings resilience and liquidity.
In the core Sleep and Neurology business, connected platforms continue to gain traction, including deeper integration into pharmaceutical and contract research organization ecosystems, supporting a larger installed base and recurring income. However, U.S. capital equipment performance remains below expectations, prompting leadership changes and a targeted commercial reset, with the Somfit D launch expected to help restore momentum in this key market.
More about Compumedics Limited
Compumedics Limited operates in the medical technology sector, focusing on sleep diagnostics, neurology monitoring and magnetoencephalography (MEG) systems. The company is also expanding software-as-a-service and annuity-based connected platforms, including its Somfit and Nexus 360 offerings, targeting recurring revenue streams in sleep and neurology markets globally.
Average Trading Volume: 72,435
Technical Sentiment Signal: Sell
Current Market Cap: A$54.93M
For an in-depth examination of CMP stock, go to TipRanks’ Overview page.