Capital Access Group Flash Notes | FY26 update – impacted by weak 340B transactions
Following a strong 1HFY26 performance, Craneware has released a trading statement for the year to 30 June identifying an unexpected slowdown in 340B transactions revenue. While customer demand and cash generation have remained strong throughout the year, revenue is now expected to be US$205-US$208m with Adjusted EBITDA of US$65-US$67m, broadly in line with FY25 but materially below market expectations for FY26. We reduce our forecasts in line with revised guidance, essentially postponing anticipated growth by a year. We believe the shortfall in anticipated 340B revenue is primarily driven by…
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