Board Briefing Q1 2026
CSDR Financial Overview
Board Briefing | Q1 2026
Revenue Overview
Strong revenue growth driven by expanded government funding and new industry partnerships.
| Source | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Government grants | $2.4M | $2.1M | +14% |
| Industry partnerships | $1.8M | $1.5M | +20% |
| Consulting | $0.6M | $0.4M | +50% |
| Total | $4.8M | $4.0M | +20% |
Expenditure Summary
Expenditure remains within budget across all categories.
| Category | Budget | Actual | Variance |
|---|---|---|---|
| Personnel | $2.8M | $2.7M | -4% |
| Research operations | $0.9M | $0.8M | -11% |
| Infrastructure & IT | $0.4M | $0.4M | 0% |
| Travel & engagement | $0.2M | $0.15M | -25% |
| Total | $4.3M | $4.05M | -6% |
Pipeline and Projections
- FY2026 revenue forecast: $19.2M (revised upward from $17.5M)
- New contracts in negotiation: 4 government, 2 industry ($3.1M total value)
- Grant applications pending: ARC Discovery ($1.2M), NHMRC ($0.8M)
- Cash reserves: $6.4M (14 months operating runway)
Strategic Priorities
Financial priorities for the remainder of FY2026:
- Diversify funding base — Reduce government grant dependency below 50% of total revenue
- Scale consulting practice — Target $1.0M quarterly consulting revenue by Q4
- Infrastructure investment — Allocate $0.5M for research computing and data platform upgrades
- Staffing plan — Recruit 3 senior researchers to support expanded climate risk programme