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The latest announcement is out from XTEK Limited ( (AU:HCL) ).
HighCom Limited reported a significant recovery in FY25, achieving a positive EBITDA of $0.2 million and increasing revenue to $48 million, following a challenging FY24. The company focused on operational improvements, including recommissioning its XTclave™ technology in the U.S. and reducing inventory costs, which positioned it for sustainable growth. Despite challenges from a U.S. government shutdown impacting the Armor business, HighCom is optimistic about future growth due to expected increases in U.S. defense spending and global demand for security technologies.
The most recent analyst rating on (AU:HCL) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on XTEK Limited stock, see the AU:HCL Stock Forecast page.
More about XTEK Limited
HighCom Limited, trading on the ASX as HCL, operates through two main divisions: HighCom Armor and HighCom Technology. HighCom Armor specializes in designing and supplying advanced ballistic protection products for military, law enforcement, and first responders, including body armor and helmets. HighCom Technology provides small uncrewed aerial systems and sensor payloads to Australian defense and security agencies, along with program management, systems integration, and logistics support services.
Average Trading Volume: 308,534
Technical Sentiment Signal: Sell
Current Market Cap: A$26.18M
See more insights into HCL stock on TipRanks’ Stock Analysis page.