FY25 Full Year Statutory Accounts Announcement

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Stock MLG OZ Ltd (MLG.ASX)
Release Time 20 Aug 2025, 8:56 a.m.
Price Sensitive Yes
 MLG Oz Delivers Strong FY25 Financial Results
Key Points
  • Statutory Revenue up 15.5% to $548.3 million
  • Statutory EBITDA up 19.5% to $66.1 million
  • Statutory NPAT up 10% to $12.1 million
  • Strong second half Pro Forma EBITDA margin of 13.5%
Full Summary

Integrated mining services and resource asset management company, MLG Oz Limited (ASX: MLG), has delivered its financial results for the year ended 30 June 2025 (FY2025). The company achieved revenue of $548.3 million in FY2025, an increase of $73.5 million or 15.5% on the prior corresponding period (FY2024: $474.8 million). Net profit after tax grew to $12.1 million, up 10% from $11.0 million in FY2024, supported by improved margin performance and continued operational scale across the year. The first half of the financial year was impacted by a transitional period in the crushing and screening operations, but the second half delivered a significantly improved result, underpinned by several new contract wins. Crushing and screening volumes ramped up as new projects were successfully mobilised, and haulage demand grew across MLG's client portfolio. This uplift drove materially stronger margins, with second-half EBITDA margin reaching 13.5% compared to 10.9% in the first half. The company continues to focus on operational discipline, asset productivity, and strengthening its vertically integrated model, positioning it well for continued growth and earnings resilience into FY2026.

Guidance

MLG expects to further improve margins in FY2026 and is actively pursuing a number of significant profit-share project opportunities, which, while not yet formalised, represent strong potential for future earnings.

Outlook

MLG enters FY2026 with strong market momentum, underpinned by sustained demand from gold sector clients, record gold prices, and growing opportunities in iron ore haulage. Recent contract wins with Rio Tinto, Fortescue, and New Murchison Gold underpin the company's crushing and screening fleet utilisation, and its significant tender pipeline provides solid revenue visibility for the year ahead.