HighCom Ltd 2024 Annual Report with Sustainability Disclosures
Company: HighCom Ltd
Sector: Manufacturing
Country: Australia
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 102
The report describes a challenging FY2024, with group revenue of $45.3m, down 49% on the prior corresponding period, although H2 EBITDA improved to $2.5m. It highlights the relocation of the XTclave production system from Adelaide to Columbus, Ohio, and the resulting focus on US manufacturing. HighCom Technology completed delivery of the SUAS acquisition contract and moved into a multi-year support contract. On ESG, the company organizes its approach around four material focus areas covering people, business operations, customers and governance-related responsibilities.
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