Synertec posts full-year revenue up to $31.7M

·     Synertec reported a FY27 revenue forecast of $31.7 million, alongside a FY26 net operating cash flow of $0.5 million.

·       The company's share price was up at $0.054 following the release of its quarterly trading and business update.

·       Management stated that the financial growth strategy targets critical infrastructure markets that remain resilient against economic headwinds.

Synertec Corporation (ASX:SOP) reported a full-year revenue of $0.5 million.

The performance contrasted with the prior corresponding period, which recorded an operating cash flow deficit of $4.1 million.

"The hard work and commitment of our team have delivered a materially stronger cash flow result, while our forward-looking indicators point to an exciting period of continued revenue growth and improving financial performance," said Synertec Managing Director Michael Carroll.

The company stated that FY26 group revenue increased by 19% compared to the previous corresponding period, supported by a $1.5 million reduction in corporate costs.

Following the announcement, the Synertec Corporation share price was up at $0.054.

The technology design and development business operates across critical infrastructure markets, including engineering and automated systems.

Past business moves have focused on commercialising the Powerhouse Technology Platform and expanding external engineering services.