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Constellation Technologies Builds Recurring Revenue Momentum Despite FY26 Challenges

Constellation Technologies Builds Recurring Revenue Momentum Despite FY26 Challenges Source: Kapitales Research

Constellation Technologies Limited (ASX: CT1) continued developing its IoT-enabled food safety and compliance ecosystem during FY26, expanding the capabilities of its Callisto and Meridian platforms across aged care, healthcare, production kitchens and other food-service environments. The company strengthened its offering through integrated meal ordering, temperature monitoring, digital compliance workflows, smart probes and asset-tracking technologies.FY26 revenue reached AU$1.71 million, compared with AU$1.81 million in FY25, as hardware delivery and installation delays pushed AU$226,221 of revenue into Q1 FY27. Encouragingly, customer receipts increased to AU$2.06 million, while recurring platform and subscription revenue climbed 22% to AU$856,453.The company recorded a net loss of AU$458,246 and finished June 2026 with AU$442,082 in cash. Looking ahead, CT1 is prioritising supply-chain improvement, hardware reliability, smoother deployments, customer expansion and continued recurring-revenue growth to support a more scalable commercial model. 

 

 

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