• Revenue driven by strong project activity, particularly with wind farms and transmission lines
• EBITDA increase due to improved margins, tight cost controls, and operational optimisation
• Operational NPAT of $9.3m bolstered by successful implementation of strategic plan

Boom Logistics Limited (ASX: BOL, 'Boom' or 'the Company'), a diversified lifting and project logistics business, announces its results for the 12 months ended 30 June 2025 (FY25). The company's strategic initiatives continue to deliver positive outcomes, as reflected in a strong FY25 result. Revenue was driven by strong project activity, particularly with wind farms and transmission lines, offset by lower Resources and Infrastructure work due to commodity prices and new work timing. EBITDA increased due to improved margins, tight cost controls, and operational optimisation. Operational NPAT of $9.3m was bolstered by the successful implementation of Boom's strategic plan, focusing on pricing/margin management initiatives, high utilisation of resources and assets, and the ongoing rejuvenation of the company's fleet in key sectors. Statutory NPAT of $23.3m includes $14m of deferred tax benefits. Net capex for FY25 was $25.2m (24% less than FY24), including $9.9m of asset disposal proceeds on the back of the asset renewal program, resulting in a value-weighted average fleet age of 6.0 years. Net gearing as at 30 June 2025 was 42.5% (41.4% as at 30 June 2024), within guidelines. Net operating cash of $10.0m was boosted by strong underlying cashflow from operations. FY25 capital management includes share buybacks totalling $2.0m during the year (FY24 $1.2m), plus declaration of a 2 cents per share unfranked dividend c. $0.8m (to be paid 30th September 2025). In FY26, the buy-back will target up to $4m, subject to Board approval, market conditions and the Company's financial circumstances supporting the buy back.

Boom Logistics expects to grow its earnings per share in FY26 by implementing its strategic goals and maintaining strong demand and tender activity across all key segments. The company will leverage its skilled workforce and highly scalable fleet, supported by solid operational structures, to remain well-placed for the coming growth in renewables and transmission line projects that are supported by public and private investment.

Boom Logistics will stay committed to executing its strategic roadmap to deliver an improvement in the Company's overall operational performance. The company's capital management strategy aims to create consistent investor returns in an efficient manner via the return of 40% - 60% of the previous two years' rolling average operating NPAT, through share buy-backs and/or a cash dividend on an annual basis.