• Q3 revenue of A$158.5 million and 9M revenue of A$661.3 million
• Q3 EBITDA of A$19.2 million, EBITDA margin of 12.1%, and 9M EBITDA of A$72.1 million
• Q3 NPAT of A$8.0 million, net profit margin of 5.1%, and 9M NPAT of A$34.6 million

Civmec Limited has announced its financial results for the quarter ended 31 March 2025 (Q3 FY25), delivering strong performance and bolstering its order book. The company reported Q3 revenue of A$158.5 million and A$661.3 million for the nine months ended 31 March 2025 (9M). Earnings before interest, tax, depreciation, and amortisation (EBITDA) was A$19.2 million for Q3, with an EBITDA margin of 12.1% resulting in EBITDA of A$72.1 million for 9M. Net profit after tax (NPAT) was A$8.0 million for Q3 and A$34.6 for 9M, resulting in a net profit margin of 5.1% for Q3 and 5.2% for 9M. Earnings per share (EPS) for the nine months ended 31 March 2025 was 6.8 cents. During the quarter, the company has strengthened its order book by over A$285 million, a net increase of A$127 million, with the order book at the end of the quarter valued at more than A$760 million. The company's net assets stood at A$505.8 million, with a net asset value per share of 99.4 cents. Civmec has secured over A$40 million in maintenance work during the quarter, reflecting its growing focus on maintenance as a pillar of growth. The company has also successfully delivered the first bridge segment for the Molonglo River Bridge project, progressed well on the Rio Tinto's Western Ranges project, and been awarded a contract for the design and construction of field erected tanks and civil concrete works for Iluka Resources' Eneabba rare earths refinery.

While tendering activities continue to be strong and medium to long-term prospects are positive, Civmec has observed a shift in market conditions and potential continued delay in key project awards or rescheduling of projects, resulting in reduced activities in Q3 and Q4, with the potential for this to continue into 1H FY26. Despite these challenges, the Group's pipeline of work and order book remains strong, and the Group remains optimistic about the strong pipeline of tendering activities and the positive outlook for upcoming projects across various sectors.