• Record construction revenue of $474.4m, up 15% year-over-year
• NPAT up 25.6% to $9.4m, NPBT up 26% to $13.7m
• Backlog order book of $516.0m, up 13% year-over-year

SHAPE Australia Corporation Limited achieved another strong first half for FY25, producing record construction revenue of $474.4m, 15% ahead of the previous corresponding period. Construction revenue including the company's associate DLG SHAPE Pty Limited surpassed half a billion dollars at $505.6m. Project wins in the first half set a new record of $531.5m, up 1.0% from the previous record in 1HFY24. The company's backlog order book stood at $516.0m, representing a 13% increase against the prior corresponding period. Gross margin for the first half held stable at 9.1%. SHAPE's first half profit after tax (NPAT) amounted to $9.4m, up 25.6% from the prior year, while net profit before tax (NPBT) was $13.7m, an increase of 26%. The company continues to focus on its three-pillar growth strategy of expansion in non-office sectors, geographic locations, and service offerings. Revenue from non-office sectors totaled $168.1m, while geographic expansion into the Gold Coast, Newcastle, and Tasmania contributed $73.5m. New build projects, modular construction, and the newly launched Aftercare and Facilities Maintenance and Design & Build service offerings also showed strong progress.

SHAPE expects to maintain its prominent position in commercial office fitouts while pursuing growth in non-office sectors, new geographic locations, and service offerings. The company has a strong identified pipeline for the second half of FY25 combined with a robust order backlog of $516.0m.