Structural Monitoring Systems Reports Record FY26 Results

Structural Monitoring Systems (ASX:SMN) has reported its strongest year on record, with revenue of A$32.5M (up 29% year-on-year), EBITDA of A$6.3M, NPAT of A$1.2M, and free cash flow of A$5.1M. The balance sheet is debt-free and AEM radio sales lifted to 322 units. Four consecutive quarters of positive cash flow have prompted the ASX to waive quarterly Appendix 4C reporting. MarketOpen's Rick Freeman interview walks through the results and the outlook for FY27.

30th July 2026 | 25 seconds reading time