Mitchell Services Limited (ASX:MSV)
Australia · Delayed Price · Currency is AUD | Market Cap | 110.22M +96.7% |
| Revenue (ttm) | 199.80M -7.0% |
| Net Income | 8.94M +94.2% |
| EPS | 0.04 +100.6% |
| Shares Out | 211.96M |
| PE Ratio | 12.35 |
| Forward PE | 8.46 |
| Dividend | 0.08 (15.69%) |
| Ex-Dividend Date | Feb 26, 2026 |
| Volume | 406,139 |
| Average Volume | 747,900 |
| Open | 0.5100 |
| Previous Close | 0.5100 |
| Day's Range | 0.5100 - 0.5200 |
| 52-Week Range | 0.2250 - 0.6150 |
| Beta | 0.53 |
| RSI | 55.26 |
| Earnings Date | Apr 21, 2026 |
About Mitchell Services
Mitchell Services Limited, together with its subsidiaries, provides exploration, and mine site and geotechnical drilling services to the exploration, mining, and energy industries in Australia. The company provides drilling services, such as greenfield exploration, project feasibility, mine site exploration and resource definition, development, and production, as well as decarbonisation solutions. It also offers surface drilling services, including diamond coring, directional, mud rotary, mine services, mineral performance drilling (MPD), geote... [Read more]
Financial Performance
In fiscal year 2025, Mitchell Services's revenue was 196.84 million, a decrease of -16.96% compared to the previous year's 237.05 million. Earnings were 536,874, a decrease of -94.15%.
Financial StatementsNews
Mitchell Services Earnings Call Transcript: Q3 2026
Q3 delivered strong financial results with EBITDA and EBIT significantly up year-over-year, a robust balance sheet, and continued high demand for rigs. Coal market recovery and minerals sector strength support a positive outlook, with CapEx focused on maintenance and rig readiness.
Mitchell Services Earnings Call Transcript: H1 2026
Strong half-year results with EBITDA up 69% and a net cash position achieved. Gold and copper demand is robust, coal shows early recovery signs, and the Loop decarbonization business offers high-margin growth potential. Capital returns and disciplined management remain priorities.
Mitchell Services Earnings Call Transcript: Q2 2026
Strong H1 FY2026 performance led to a net cash position, robust EBITDA margins, and increased demand in minerals. Loop decarbonization business is expanding, and capital management decisions are pending board review in February.
Full Year 2025 Mitchell Services Ltd Earnings Call Transcript
Full Year 2025 Mitchell Services Ltd Earnings Call Transcript
Mitchell Services Earnings Call Transcript: Q1 2026
Strong Q1 performance driven by gold sector tailwinds and high EBITDA margins, with stable rig utilization and a robust balance sheet. Sumitomo's $24M JV investment and a focus on shareholder returns highlight strategic progress.
Mitchell Services Earnings Call Transcript: H2 2025
FY 2025 was a challenging, transitional year with lower utilisation and profitability, but all major contracts were re-won and new projects are ramping up. The balance sheet is strong, debt is at multi-year lows, and the Loop JV is showing early promise as a growth driver.
Mitchell Services Earnings Call Transcript: Q4 2025
Fourth quarter results were solid despite project disruptions, with strong working capital management and a positive outlook in gold and new decarbonization services. Coal remains challenging, but flexible rig allocation and disciplined pricing support profitability.
Mitchell Services Earnings Call Transcript: Q3 2025
Strong Q3 performance with easing mobilisation costs and growth in the Loop decarbonisation business. Gold sector inquiries are rising, coal remains steady but subdued, and working capital is stable. EBITDA margins are in the high teens, with further improvement expected in Q4.
Mitchell Services Ltd (ASX:MSV) (H1 2025) Earnings Call Highlights: Strategic Growth Amidst ...
Mitchell Services Ltd (ASX:MSV) (H1 2025) Earnings Call Highlights: Strategic Growth Amidst Operational Challenges
Half Year 2025 Mitchell Services Ltd Earnings Call Transcript
Half Year 2025 Mitchell Services Ltd Earnings Call Transcript
Mitchell Services Earnings Call Transcript: H1 2025
Half-year results were impacted by lower utilisation and external disruptions, but strong cash flow, reduced debt, and strategic investments in decarbonisation and new markets position the business for a stronger second half. Ongoing buybacks and a robust balance sheet support future growth.
Mitchell Services Earnings Call Transcript: Q2 2025
H2 is expected to outperform H1 as new specialist contracts in PNG, SIS, and Loop ramp up, with improved margins and utilization. Revenue per rig dipped due to seasonality and fewer specialist jobs, but management anticipates a rebound. Capital management remains a focus.
Mitchell Services Earnings Call Transcript: Q1 2025
Challenging first quarter with break-even NPAT, increased net debt due to shareholder returns, and paused buybacks. Recent multi-year contract wins and a strong balance sheet support a positive outlook, with Loop Decarbonization Solutions JV progressing and international expansion underway.
Mitchell Services Earnings Call Transcript: H2 2024
Profit after tax rose 21% to AUD 9.2 million, with record operating cash flow and a 90% reduction in net debt. Major contracts were re-won, new decarbonization JV launched, and dividend payout was above policy but expected to normalize. Market remains choppy but outlook is positive.
Mitchell Services Earnings Call Transcript: Q4 2024
Strong operational year with significant debt reduction, robust shareholder returns, and stable market leadership. Growth opportunities include decarbonization and new tenders, while CapEx and labor costs are expected to remain steady.