Rakon Limited — Capital/Financing Update 2025

Aug 21, 2025

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22 August 2025

Rakon Releases FY26 Guidance

22 August 2025 – Rakon Limited (NZX:RAK), a world leading manufacturer of frequency control and timing solutions, has released full-year FY26 guidance.

Based on current revenue projections, FY26 Underlying EBITDA[1] is expected to be in the range of NZ$15-24 million for the financial year to 31 March 2026 [FY25: NZ$9.5 million].

This range is underpinned by the strong rebound in revenue and profitability the company reported for the second half of FY25, which has carried into FY26.

In FY26 the company anticipates continued growth in Aerospace and Defence, the start of significant revenue from AI and Cloud Computing Infrastructure, and a stabilising to recovering Telecommunications business with increasing customer demand.

Through successful execution of the company’s cost-cutting and efficiency strategies, Rakon entered FY26 with a tighter cost base while still ensuring that its technological leadership is supported by ongoing investments in R&D.

During FY25 Rakon achieved key milestones for transferring selected products into its advanced manufacturing facility in India. Scaling these products is a priority for FY26 and is expected to deliver margin benefits through manufacturing cost efficiencies.

1Non-GAAP disclosures: Refer to note 4 of the FY2025 consolidated financial statements for an explanation of how ‘Non-GAAP Financial Information’ is used, including a definition of Underlying EBITDA’ and reconciliation to net profit after tax (NPAT).

ENDS

Investor and media contact Nick Laurent investors@rakon.com +64 21 240 7541

About Rakon

Rakon’s products help people to connect, explore and innovate. They are the ‘heartbeat’ for electronic systems, delivering fast, precise and stable timing in everything from mobile networks and autonomous vehicles to satellite constellations and AI data centres. Whether connecting to a 5G tower or to a rover exploring Mars, our technology is relied on to deliver the highest performance in even the most extreme conditions. Thanks to our constant drive to innovate, we continue to empower our customers to create the next-generation of life-transforming technologies.

For more information, visit rakon.com.

Rakon Limited T +64 9 573 5554 8 Sylvia Park Road, Mt Wellington, Auckland 1060, New Zealand Private Bag 99943, Newmarket, Auckland 1149, New Zealand