FY26 Annual Report

MARKET RELEASE
30 June 2026
FY26 Annual Report
Trade Window Holdings Limited (NZX/ASX: TWL), a global trade software company, is
pleased to confirm the release of its Annual Report for the year ended 31 March 2026. The
report is available on the NZX and ASX platforms and on the company's investor hub at
https://investors.tradewindow.io.

FY26 highlights
As per the results released on 29 May 2026, trading revenue grew 20% to $9.6 million, with
Annual Recurring Revenue (ARR) surpassing $10 million for the first time, ending the year at
$10.1 million, up 17% on FY25. Revenue growth has been unbroken since TradeWindow's NZX
listing in November 2021, reflecting a compound annual growth rate of 28% since FY23.

Gross margin improved to 60% for the full year, rising to 63% in Q4 FY26 as the cloud migration
of on-premise customers approached completion. The EBITDA loss narrowed to $1.2 million,
an improvement of $0.3 million on FY25. Net loss after tax was $2.6 million, down 26% on the
prior year. The company closed the year with a cash balance of $4.2 million and no bank debt.

Customer retention continued to strengthen to 89%, up 2 percentage points on FY25. Shipper
Average Revenue Per Customer (ARPC) grew 22% to $30,352 per annum and freight forwarder
ARPC grew 27% to $13,907 per annum.

The Annual Report contains further detail on financial performance, strategy, governance and
the FreightAI development programme.

Released for and on behalf of TradeWindow by Andrew Balgarnie, Chief Strategy Officer.

ENDS
About TradeWindow:
Founded in December 2018, TradeWindow is an NZX and ASX-listed software company that provides digital solutions for exporters,
importers, freight forwarders, and customs brokers to drive productivity, increase connectivity, and enhance visibility. TradeWindow’s
software solutions integrate to form a cohesive digital trade platform that enables customers to more efficiently run their back-end
operations, share information and securely collaborate with a global supply chain made up of customers, ports, terminals, shipping
lines, banks, insurance companies, and government authorities.
www.tradewindow.io
Further information:
Investors
Andrew Balgarnie
TradeWindow
+64 27 559 4133
andrew@tradewindow.io
Media
Richard Inder
The Project
+64 21 645 643
richard@theproject.co.nz