• Group revenue & other income for FY26 1H up 19% on PCP
• $1.1m reduction in corporate and management costs for FY26 1H
• Positive Operating Cashflow of $1.1m for the Period

Synertec Corporation Limited (ASX: SOP) has provided an update on its activities for the quarter ended 31 December 2025 (FY26 2Q). Key highlights include: Group revenue & other income for the Period of $5.1m, up 25% on PCP; Group revenue & other income for FY26 1H of $10.1m, up 19% on PCP, the highest since FY19 1H; $1.1m reduction in corporate and management costs for FY26 1H compared to PCP; Positive Operating Cashflow for the Period of $1.1m compared to cash out flow of ($0.6m) in FY26 1Q; The three installed Powerhouse units continue to operate seamlessly delivering Revenue of $0.6m at greater than 90% EBITDA for the Period; The Powerhouse team has made EOI/RFT submissions to the value of approximately $70m with multiple client award decisions imminent; The Engineering business has 139 live tendered opportunities to the value of approximately $53m.

The company reported Group revenue & other income for FY26 1H of $10.1m, up 19% on the prior comparative period. The company also reported a $1.1m reduction in corporate and management costs for FY26 1H compared to the prior comparative period.

The company is confident in the strength of its pipeline and deep client relationships, and believes the improvement in its performance is sustainable beyond the medium term. The Powerhouse business is entering an exciting period, with a pipeline of submitted proposals valued at approximately $70m, and the company expects more opportunities to emerge, including significant opportunities in the energy market.