Australia's HighCom set for worst session in 4 months on weak earnings outlook

Highcom

14/01/2026 24:55

** HighCom HCL.AX slides 20% to A$0.24; set for worst session since August 2025

** Stock falls to lowest since December 24

** Defence firm expects EBITDA loss of A$5 mln ($3.3 mln)-A$5.8 mln in H1

** Sees H1 revenue of A$10.5 mln-A$11 mln vs A$26.6 mln for HY ended December 2024

** However, co says it sees EBITDA turning positive in H2

** HCL added 69.7% in 2025; gains 10.7% YTD

($1 = A$1.4963)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))