Announcements

2024 Annual Report and Appendix 4G

Please see the link below to the  2024 Annual Report and the Appendix 4G. Should you have any questions relating to both documents, please forward your email to investors@highcom.group. This announcement has been authorised for release by the HighCom Limited Board of...

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ASX Announcement – FY24 Guidance and Company Update

Highlights: H2 FY24 financial results in line with previous guidance Cash has significantly improved over H2 FY24, increasing from $1.6m to $6.2m No debt, with $3.2m of current working capital facilities available Relationship with AeroVironment extended and expanded...

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ASX Announcement – Board Changes

HighCom Limited (ASX:HCL) (HighCom or the Company), advises that Mr Mark Stevens has advised his intention to step down from the board effective 31 July 2024. Mr Steven’s joined the board in February 2022 as Chairman and was appointed as Executive Chairman in February...

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ASX Announcement – Appointment of Joint Company Secretary

HighCom Limited (ASX: HCL) is pleased to announce the appointment of Adam Gallagher as Joint Company Secretary, effective today. Adam is a highly experienced Company Secretary, Director, and executive with a broad corporate skillset. He currently serves as Company...

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ASX Announcement – Resignation of CEO

Key highlights: • Mr. Scott Basham resigns as Group Chief Executive Officer• Mr. Mark Stevens appointed as Executive Chairman • Company-wide review and cost cutting initiatives underway 13 February, 2024. HighCom Limited (ASX:HCL) (HighCom or the Company) advises that...

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ASX Announcement – Half Year Results Guidance

Key highlights: • Net loss in the range of $13m to $15m expected for the half year FY2024. • Result due to disappointing sales and the Board’s decision to recognise a one-off non-cash write down of inventory value of $4m to $6m.• The Board has commenced a company-wide...

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ASX Announcement – Change of Company Secretary

Key highlights: • Mr Lawrence Gardiner, Company Secretary, retires after 20 years service• Ms Jacqui Myers, appointed as Company Secretary, adds role to her CFO responsibilities• Ms Natalie Climo, appointed as Co-Company Secretary• Changes commence with effect from 11...

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ASX Announcement – Change of Company Name and ASX Code

XTEK Limited (ASX:XTE, ‘XTEK’, ‘Group’) is pleased to announce that following Shareholder approval at the XTEK Limited Annual General Meeting, held on Thursday 23 November 2023, the change of name of the Company from XTEK Limited to HighCom Limited has been processed...

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XTEK’s HighCom Receives New A$2.8m Ballistic Armour Order

Key highlights: New order from undisclosed international customer worth A$2.8m Many thousands of individual ballistic armour products to be supplied over coming weeks Continues to engage closely with customers in global hotspots on multiple deals Monday, 20 November...

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XTEK’s HighCom Receives new A$2.2m Armour Order

Highlights Purchase Order to supply of specialist ballistic armour products worth A$2.2m Many thousands of individual high-performance items to be provided from current inventory Urgent shipment to be dispatched to an undisclosed international customer Negotiations...

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United States XTclave Manufacturing Plans

Highlights XTclave technology to be relocated to HighCom facility in Columbus, Ohio, USA Relocation to be completed during Q1 2024 Adelaide site to be closed by end of December 2023 Move maximises potential for unique XTclave ultra lightweight and high performance...

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XTEK Announces Proposed Name Change – XTEK Ltd to HighCom Ltd

Highlights Proposed name change from XTEK Limited to HighCom Limited Shareholders to vote on name change at AGM on 23 November 23 Monday, 9 October 2023: XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) provides the following market update with respect to a proposed name...

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New A$3.2m International Military Ballistic Armour Order

 Key highlights: • A$3.2m order for specialist ballistic armour products• Second large order received this financial year • Order allows for the further reduction in inventory to normalised levels • New international military customer Friday 29 September 2023. XTEK...

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Lodgement of 2023 Preliminary Final Report (Appendix 4E)

Please see the link below to the Preliminary Final Report (Appendix 4E) for XTEK Limited (XTE) for the financial year ended 30 June 2023. This announcement has been authorised for release by the XTEK Limited Board of Directors. General, Investor & Media...

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XTEK Upgrades FY23 Forecast

 Key highlights: • FY23 Revenue forecast upgraded to between $86m - $88m (was previously $82m)• FY23 EBITDA expected between $9.0m - $10.5m • FY24 Opportunity Pipeline exceeds $200m Thursday, 29 June 2023. XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to update...

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XTEK’s HighCom Receives New A$2.6m Ballistic Armour Order

 Key highlights: • Purchase Order for international supply of specialist ballistic armour products worth A$2.6m• Many thousands of individual high-performance items to be provided• Shipment to be delivered to new undisclosed European customer over coming weeks Monday...

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XTEK Receives New $3.4m Defence SUAS Spare Parts Order

 Key highlights: • New Defence SUAS spare parts order valued at $3.4m• SUAS fleet supported under existing multi-year support contract Wednesday 12 July 2023.     XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to announce that it has received an order from the...

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XTEK receives Defence A$26.9m New SUAS Order

Key highlights: • A$26.9m Defence order for new Small Unmanned Aerial Systems (SUAS)• Mix of AeroVironment SUAS used by Army for tactical reconnaissance and surveillance tasks• Delivery and revenue recognition in late H2 FY23• XTEK Group FY23 Revenue now expected to...

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XTEK Receives $0.8m in New Defence Grant Funding

 Key highlights: • Two new Department of Defence grants received totalling $0.8m• Funds to be used to double existing helmet production and drive new ballistic product R&D • Group aggressively pursuing numerous global supply opportunities for helmets• Expects to...

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XTEKs HighCom Opens New Poland Sales & Distribution Office

Key highlights: • New HighCom Sales & Distribution Office now opened in Poland• Provides excellent proximity to European target markets and customers• World leading ballistic armour products to be prepositioned for sales and rapid deployment • XTEK Group FY23...

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XTEKs HighCom Ships A$3.5m US Govt Order

XTEKs HighCom Ships A$3.5m US Government Order Key highlights:• A$3.5m order received on 23 September 22 from a US Federal Government Agency • More than 20,000 individual items of specialist ballistic protection equipment • Order now completed and revenue recognised...

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XTEK 2022 AGM Results of Meeting

In accordance with Listing Rule 3.13.2 and Section 251AA of the Corporations Act, I advise voting details of resolutions and the proxies received in respect of each resolution. Details are set out in the attached summary.

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XTEK CEO presentation to AGM 2022

FY22 highlights: • Restructuring activities undertaken in H1 FY22 have sharply refocused business on to its core capabilities, that has delivered success in H2 FY22, and continues in FY23• Contracted orders in hand on 30 June 22 totaled $45m (77% of FY22 revenue),...

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XTEK Chairman’s Address to Shareholders

CHAIRMAN’S ADDRESS XTEK LIMITED ANNUAL GENERAL MEETING 2022 25 NOVEMBER 2022 XTEK HEADQUARTERS, SYMONSTON CANBERRA Introduction Good afternoon everyone, and welcome to XTEK Limited’s 2022 Annual General Meeting. It is great to be able to hold this AGM in person, given...

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XTEK Group Senior Management Update

Highlights: New Group CFO appointed New HighCom Armor CEO appointed Roles prepare XTEK for next phase of growth and global expansion Tuesday, 1 November 2022: XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) provides the following market update with respect to senior...

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XTEK Ships A$1.49m Tranche of Defence SUAS Related Orders

Key highlights: • A$1.49m tranche of Defence SUAS related orders now shipped• Part of earlier A$4.94m batch of orders announced on 9 March 22• Remaining orders to be delivered through FY2023 Friday, 7 October 2022: XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased...

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XTEK 2022 Annual Report

Financial highlights: • Strategy in place to guide the company's development and growth in the medium term• Realising the benefits of the company9s transformation program• Focus on Defence and Law and Order markets globally, supported by considered and deliberate...

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XTEKs HighCom Receives New A$3.5m US Government Order

Key highlights: • A$3.5m order received from a US Federal Government Agency• More than 20,000 individual items of specialist ballistic protection equipment• Order to be completed and revenue recognised before end of December 2022 Monday, 26 September 2022: XTEK...

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XTEKs HighCom Ships A$2.7m US Govt Order

Key highlights: • A$2.7m order received from a US Federal Government Agency on 16 August 2022• Thousands of items of specialist body armour and ballistic helmet equipment• Order now completed and revenue recognised in September 2022 Tuesday, 13 September 2022: XTEK...

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XTEK Limited FY22 Preliminary Results

Key highlights: • Restructuring activities undertaken in H1 FY22 have sharply refocused business on to its core capabilities to deliver success. • Contracted orders in hand on 30 June 22 totaled $45m (77% of FY22 revenue), including US$22m of prepaid revenue, for...

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Changes to XTEK Board of Directors

Wednesday, 24 August 2022: XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to announce the appointment of Ms. Adelaide McDonald to the XTEK Board of Directors effective from 24 August 2022. • Appointment of Ms Adelaide McDonald Ms Adelaide McDonald has been...

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XTEKs Subsidiary HighCom Completes Delivery of A$9.5m Order

Key highlights: • A$9.5m Order for specialist ballistic armour received on 26 May 22• Delivery of all specialist ballistic products for this order now completed• Revenue of A$9.5m recognised• Group expects total FY2022 revenues to exceed A$60m Tuesday, 14 June 2022:...

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XTEK LTD Investor Update

Key highlights: • $64.4m since 1 March 22 includes:• $2.75m - 7 March 22 (Fully Delivered)• $3.20m - 24 March 22 (Fully Delivered)• $2.15m - 4 April 22 (Fully Delivered)• $9.5m – 26 May 22 (Delivery Complete by 30 June 22)• $46.8m - 27 May 22 (Delivery Underway to End...

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XTEKs HighCom Subsidiary Receives US$33.21m (A$46.8m) Order

Key highlights: • Purchase Order for urgent supply of specialist ballistic armour worth US$33.21m (A$46.8m)• Multiple shipments scheduled for delivery over coming weeks• Ballistic armour contracts since 1 March 22 now total A$64.4m• Total Group new contracts since 1...

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