• 49% revenue growth to $43.3m, driven by global PhotonAssay adoption
• EBITDA up 152% to $14.4m, with 33% EBITDA margin
• Deployed 43 PhotonAssay units, with 72 contracted units supporting accelerated growth

Chrysos Corporation Ltd reported a strong 1H FY26 performance, with total revenue increasing 49% year-over-year to $43.3 million. This was driven by the ongoing global adoption of the company's PhotonAssay technology and a robust mining cycle. EBITDA grew 152% to $14.4 million, with the EBITDA margin improving to 33% from 20% in the prior period. The company's funding position remains strong, with $21.6 million in cash and $50.4 million in undrawn facilities. During the period, Chrysos deployed four new PhotonAssay units, bringing the total deployed units to 43. The company also secured eight new lease agreements in 1H FY26 and a further six post-period, bringing the total contracted units to 72. This strong pipeline supports the company's plans for accelerated deployment in 2026. The business model continues to demonstrate the benefits of its lease structure, with Minimum Monthly Assay Payments providing a predictable revenue base and Additional Assay Charges capturing the upside from increased utilization. Chrysos is also making progress on its global expansion, with deployments in new regions like South America and the Nordics. The company has secured credit-approved term sheets to refinance and increase its finance facilities to a total of $200 million, providing additional capacity to support future growth.

Chrysos expects to continue its strong growth trajectory, with the 72 contracted PhotonAssay units supporting accelerated deployment in 2026. The company has not provided specific financial guidance for the full year.

Chrysos remains optimistic about the long-term outlook for its business, driven by the continued global adoption of its innovative PhotonAssay technology and the strong fundamentals of the mining industry. The company is well-positioned to capitalize on the substantial growth opportunities in its large addressable market.