FY26 Half Year Report Summary

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Stock Genesis Minerals Ltd (GMD.ASX)
Release Time 19 Feb 2026, 8:09 a.m.
Price Sensitive Yes
 Genesis Minerals Ltd reports record half-year results
Key Points
  • NPAT quadruples to A$238m on 58% increase in production and outstanding margins
  • Accelerated growth strategy progressing well with Tower Hill development ahead of schedule
  • Strong balance sheet with A$373.3m in cash and bullion, no corporate debt
Full Summary

Genesis Minerals Ltd (ASX: GMD) has reported record financial and operating results for the six months ended 31st December 2025, with net profit after tax (NPAT) rising 298% to A$238.0 million. This was driven by a 142% jump in sales revenue to A$820.3 million, with gold sales of 146,482 ounces at an average realised price of A$5,590 per ounce. EBITDA increased 172% to A$418.0 million. The company held A$403.6 million in cash, bullion and investments at the end of the calendar year, with no drawn debt. This was after paying A$30.7 million on stamp duty, repaying A$100 million in corporate debt, and investing A$134.9 million in growth capital and exploration. The company's accelerated growth strategy is progressing well, with the Tower Hill development advancing ahead of schedule. FY26 production guidance is maintained at 260,000 - 290,000 ounces at an AISC of A$2,500 - 2,700 per ounce.

Guidance

FY26 production guidance maintained at 260,000 - 290,000 ounces at an AISC of A$2,500 - 2,700 per ounce.

Outlook

Genesis is well-positioned to continue unlocking its growth opportunities, ensuring its cycle of expanding production and cash generation continues. The company plans to outline the details of its next chapter of growth later in the year.