Appendix 4E and Annual Financial Report
| Stock | Genusplus Group Ltd (GNP.ASX) |
|---|---|
| Release Time | 27 Aug 2025, 5:11 p.m. |
| Price Sensitive | Yes |
GenusPlus Group reports strong FY2025 results
- Revenue up 36.3% to $751.3 million
- Normalised EBITDA up 48.6% to $67.4 million
- Net profit up 83.6% to $35.4 million
GenusPlus Group Ltd has reported a strong financial performance for the year ended 30 June 2025, with revenue increasing 36.3% to $751.3 million, normalised EBITDA up 48.6% to $67.4 million, and net profit after tax up 83.6% to $35.4 million. The growth was driven by increased activity across all three business segments, contributions from strategic acquisitions, and favorable market conditions, particularly in the new energy sector. The Group's east coast revenue now represents 42% of total revenue, up from 35% in the prior year, as a result of the company's focus on expanding its presence in the larger east coast markets. The Group remains in a strong financial position, with cash at bank increasing to $160 million and net cash of $77.3 million. The company made several strategic acquisitions during the year to strengthen its geographical position and take advantage of significant infrastructure investment in new markets. Looking ahead, the Group expects to continue its strong growth trajectory, with a large pipeline of renewables and transmission projects to drive medium to long-term growth.
For the financial year ending 30 June 2026, the Group expects to see continued growth from its east coast operations and an increase in services revenue.
The Group expects to see significant opportunities present during the coming 10-20 years as the Australian power network goes through a substantial transition from traditional energy sources to new and renewable energy. The Group remains committed to investing in specialized plant and equipment, and is receptive to further M&A opportunities to continue its growth trajectory.