FY25 Results Presentation

• Sales revenue growth of 8.9% to $153.1m
• Pro forma EBITDA down 2.8% to $17.7m due to increased costs
• Pro forma NPAT up 2.9% to $7.2m

Adrad Holdings Ltd reported strong financial results for FY25, with sales revenue growing 8.9% to $153.1m. However, pro forma EBITDA declined 2.8% to $17.7m, largely driven by increases in materials and consumable costs, employee costs, and insurance expenses. Pro forma NPAT increased 2.9% to $7.2m, benefiting from a lower effective tax rate. The company declared a final dividend of 2.08 cps, bringing the total FY25 dividend to 3.48 cps, up 18% from the prior year and equating to 50% of statutory NPAT. Adrad's balance sheet remained robust, with a 7.7% increase in net tangible assets per share to 104.6 cps. Operating cash flow was $13.9m, with a cash conversion ratio of 79%. The company continued to invest in its business, with $4.2m in capital expenditure to support growth and enhance productivity. Looking ahead, management remains confident of improved business performance during FY26, citing a strong orderbook, growing data centre demand, and strategic initiatives aimed at cost and efficiency improvements.

Management remain confident of improved business performance during FY26, citing a strong orderbook, growing data centre demand, expected increase in remote Powergen demand, plans to grow the order book in Southeast Asia, and strategic initiatives aimed at cost and efficiency improvements.