• Revenue and earnings adversely impacted by external events
• Cash generation further strengthened balance sheet
• Order book increased with new project awards

Mastermyne Group Limited (ASX: MYE) has released its FY2025 results, reporting revenue from continuing operations of $214 million, down 27% from FY2024. Underlying EBITDA from continuing operations was $13.2 million, and underlying NPAT from continuing operations was $3.2 million. The company's performance was adversely impacted by external events, including separate ignition incidents at Grosvenor Mine and Moranbah North Mine, as well as a subdued market with lower coal prices and challenging general market conditions. Despite these challenges, Mastermyne's cash generation further strengthened its balance sheet, with net cash increasing by 33% to $29.1 million. The company's order book also increased to $314 million, up from $280 million in FY2024, with new project awards from Peabody Energy's Centurion Mine and GM3's Appin Mine. Mastermyne remains focused on safety, disciplined bid management, and ongoing fiscal discipline, positioning the company to take advantage of opportunities in the current market and be ready for future profitable growth.

Mastermyne's order book has increased to $314 million, with new project awards from Peabody Energy's Centurion Mine and GM3's Appin Mine. The company is focused on the areas it can control, centred on safety, disciplined bid management, and ongoing fiscal discipline, positioning it to take advantage of opportunities in the current market and be ready for future profitable growth.