• Revenue of $167.4m, EBITDA of $39.5m, NPAT of $25.2m
• Completed acquisition of SAXUM, expanding into Latin America and the US
• Strong operational performance, with global expansion and focus on excellence

Lycopodium Ltd, a leading global engineering and project delivery company, has reported strong results for the first half of the 2025 financial year. The company's revenue was $167.4m, EBITDA was $39.5m, and NPAT was $25.2m, with a NPAT margin of 15.1%. The company's cash position remained strong at $77.1m, and it paid a half-year dividend of 10 cents per share. Lycopodium's sustained growth is underpinned by its long-term client partnerships and strategic commitment to prioritize high-quality work over high-risk work. The company has also completed the acquisition of Argentinian-headquartered engineering company SAXUM, which will contribute approximately $2m per annum to NPAT from FY2026. The acquisition supports Lycopodium's strategic initiative to further expand its global presence in the Americas. The company has also established a presence in Lima, Peru, and is setting up an office in Vancouver, Canada, to service clients on the Canadian west coast. Lycopodium's focus on operational excellence, including the implementation of a global Enterprise Resource Planning (ERP) system and the development of globally aligned 'visible career pathways', positions the company for continued success.

FY2025 Full Year Guidance: Revenue ~$320m to $340m, NPAT ~$37m to $43m

The outlook for Lycopodium remains strong, with continued demand for minerals and metals relevant to the energy transition, strong demand for gold, and growing opportunities in the Latin American market and the domestic Australian rail infrastructure sector. The company's expertise in innovative engineering and delivery solutions, as well as its participation in research and development projects to support the world's decarbonization journey, position it well for the future.