Excite Technology Services (ASX: EXT) provides comprehensive cybersecurity, managed cloud and IT services, digital forensics, incident response and accredited training to government and enterprise clients, aiming to ensure a safer digital environment across Australia.

• Placement to raise approximately A$3.0 million through the issue of up to 500,000,000 fully paid ordinary shares at A$0.006 per share.
• One free attaching unlisted option (A$0.01 exercise price, three‑year expiry) for every two Placement Shares subscribed.
• Intended A$1.0 million Share Purchase Plan (SPP) to eligible shareholders on the same terms as the Placement.

Discount

• 14.3% discount to the last traded share price of A$0.007 on 30 June 2026, which is also the 15-day VWAP.

Excite Cyber operates Australia’s only private digital forensics facility, providing court‑ready evidence services outside the law‑enforcement and government lab environment. Its specialist team collects, preserves and analyses digital evidence from devices, cloud platforms and complex environments under strict chain‑of‑custody, delivering forensic reports and expert‑witness testimony that meet judicial standards.

This dedicated, privately owned facility creates strong barriers to entry, differentiates Excite from traditional IT and cyber providers, and underpins recurring engagements with government, regulators, law‑enforcement, legal, insurance and enterprise clients who require independent, defensible digital investigations.

Excite Technology Services Limited (ASX: EXT) is an integrated cyber security and technology services provider delivering end‑to‑end security, managed IT, cloud, and specialist digital forensics solutions to government, critical infrastructure and enterprise clients across Australia.

The company operates national professional and managed services teams, including Australia’s only private digital forensics facility, and focuses on recurring, high‑value engagements such as incident response, MDR/SOC, governance and accredited training.

Excite is executing a FY27 growth strategy centred on Tier‑1 customer wins, recurring revenue expansion, strategic acquisitions, and building a sovereign security platform spanning secure cloud, AI security and robotics/autonomous systems security.

Excite Cyber operates Australia’s only private digital forensics facility, providing court‑ready evidence services outside the law‑enforcement and government lab environment. Its specialist team collects, preserves and analyses digital evidence from devices, cloud platforms and complex environments under strict chain‑of‑custody, delivering forensic reports and expert‑witness testimony that meet judicial standards.

This dedicated, privately owned facility creates strong barriers to entry, differentiates Excite from traditional IT and cyber providers, and underpins recurring engagements with government, regulators, law‑enforcement, legal, insurance and enterprise clients who require independent, defensible digital investigations.

Excite Technology Services delivered FY26 revenue of A$21.4 million, representing A$9.0 million growth and 75% year‑on‑year top‑line acceleration, with FY26 EBITDA of A$3.5 million and a 23% improvement versus the prior period. The business achieved a Rule of 40 score of 59, well above the 40 benchmark used for tech‑services investors, reflecting a balance between rapid revenue growth and improving profitability.

Management has initiated approximately A$5.5 million in annualised cost‑out, has around 50% of FY27 forecast revenue already contracted, and carries A$52 million of tax losses that are expected to shield future earnings as the company moves past break‑even.

• A$1m - Sales enablement and marketing activities
• A$3m - Working capital and balance sheet improvement in the existing business