Australia · Delayed Price · Currency is AUD MLG Oz Earnings Call Transcripts
Fiscal Year 2026
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Record revenue and strong profit growth driven by gold sector demand and operational discipline. EBITDA margin improved to 12.8%, with a bullish outlook and resumed dividends. CapEx and balance sheet remain robust, supporting future expansion.
Fiscal Year 2025
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The AGM featured strong financial results, with revenue surpassing AUD 500 million and a 32.4% CAGR. Key topics included board independence, shareholder dilution concerns, major contract wins, and strategic growth in gold and iron ore sectors. Voting results will be released to the ASX.
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Revenue rose to AUD 540 million with strong second-half profit and margin growth, driven by haulage and gold sector strength. Net debt and gearing fell, while new contracts in gold and iron ore support a positive outlook and continued margin improvement.
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Revenue grew 20.3% to AUD 268 million, with strong haulage margins and a rebound expected in crushing. NPAT is forecast to be flat for FY24, but margin and profitability growth are anticipated in H2 and into FY26, supported by new contracts and high gold sector demand.
Fiscal Year 2024
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The meeting highlighted strong revenue and profit growth, improved margins, and a focus on reinvestment over dividends. All resolutions were tabled without questions, and voting was conducted online, with results to be announced on the ASX.