Full Year Results Announcement

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Stock Lycopodium Ltd (LYL.ASX)
Release Time 20 Aug 2025, 9:07 a.m.
Price Sensitive Yes
 Lycopodium Delivers Strong FY25 Results
Key Points
  • Successfully delivered results at the top end of guidance
  • Revenue of $339.6 million and NPAT of $42.2 million
  • Declared a fully franked final dividend of 25 cents per share
Full Summary

Lycopodium Limited ('ASX: LYL', 'Lycopodium' or 'the Company'), a global leader in integrated engineering, project, construction and asset management, has released its financial results for the full year ended 30 June 2025 ('FY25'). The Company generated revenue of $339.6 million and net profit after tax (NPAT) of $42.2 million, reflecting an NPAT margin of 12.4%. Both revenue and NPAT achieved in FY25 are at the top end of the guidance provided in February 2025. As a result, the Board has declared a fully franked final dividend of 25 cents per share, payable on 3 October 2025, bringing the full-year dividend to 35 cents per share. The normalised full-year dividend, including 28 cents allocated to the SAXUM acquisition, is 63 cents, reflecting a 60% payout ratio. During the year, Lycopodium continued its evolution into a globally diversified business, announcing the majority acquisition of Argentinian-headquartered multi-disciplinary engineering company, SAXUM. The Company also established new offices in Vancouver (Canada) and rebranded its African-based operations, ADP Holdings, to Lycopodium. Lycopodium's operational highlights include the advancement of several major projects, the completion of various studies, and the award of new projects such as the EPCM services for the Twin Hills Gold Project in Namibia and the FEED for Phase 2 of the Blackwater Gold Project in Canada. The Company's outlook remains strong, with robust demand drivers in the Resources, Industrial Processes, and Rail Infrastructure segments.

Guidance

For FY26, the Company expects to deliver another strong financial performance, supported by the strong demand drivers across its business segments. The Company will provide FY26 guidance at its Annual General Meeting in November.

Outlook

Demand drivers for Lycopodium's services remain strong, supported by the growing demand for critical minerals in the clean energy sector, the robust outlook for gold, and the 'Future Made in Australia' agenda driving opportunities in clean energy manufacturing and rail infrastructure. The Company will continue to update the market accordingly.