Service Stream Earnings Call Transcripts
Fiscal Year 2026
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First half FY 2026 saw improved profitability, record contract wins, and strong cash flow, with utilities and transport driving margin gains. Defense sector entry and a robust balance sheet support future growth, while investment in systems and contract mobilizations will keep CapEx at the upper end of guidance.
Fiscal Year 2025
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Delivered strong financial results with double-digit earnings growth, record contract wins, and improved margins across all segments. FY 2026 outlook is positive, with robust work-in-hand, continued margin expansion, and strategic investments planned.
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Revenue grew 7.9% to AUD 1.27 billion, with EBITDA up 16.4% and NPATA up 49.9%. Strong cash flow, major contract wins, and improved Utilities margins support a positive FY 2025 outlook, with 99% of second-half revenue secured.
Fiscal Year 2024
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Strong financial growth was reported, with revenue up 11.2% and dividends increasing 200%. All resolutions, including director re-election and incentive plans, passed. Strategic focus remains on diversification, safety, and long-term contract growth.
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FY 2024 saw double-digit growth in revenue, earnings, and profit, with a return to net cash, improved margins, and a 200% dividend increase. Strong order book and secured contracts underpin confidence for further earnings growth in FY 2025, especially in utilities.