• Revenue up 13.4% to $23.0M
• Net profit after tax up 117.2% to $2.2M
• Interim dividend of 0.8 cents per share

LaserBond continued to build on the momentum established in the second half of FY25, delivering its second consecutive strong result in 1H FY26 despite challenges associated with seasonal factors, softness in key mining sectors, and ongoing global supply chain pressures. The Company delivered revenue of $23.0 million, representing growth of 13.4% on the prior corresponding period, and net profit after tax of $2.2 million, up 117.2% year-on-year. The Services division delivered revenue growth of 10.0%, while the Products division saw revenue increase by 34.2%. The Company's investment in innovation and proactive management of material supply constraints have positioned it well for the remainder of FY26. LaserBond's proprietary surface engineering and remanufacturing technologies are aligned with circular economy principles, and the Company has strengthened its ESG governance and strategic capability to respond to increasing customer and regulatory expectations around sustainability. The Board expects a strong second half of FY26, supported by a healthy order book and the anticipated recovery in mining sector activity, as well as continued momentum in the Products division and the delivery of the Komatsu licensing deal in the Technology division.

The Company expects to continue paying dividends in the future, with the Board resolving to pay a fully franked interim dividend of 0.8 cents per share for FY2026.

LaserBond is well-positioned for a strong second half of FY26, supported by a healthy order book extending well into 2026. The Company expects Services Division performance to benefit from the anticipated recovery in mining sector activity, while the Products Division should continue its strong performance. The delivery of the Komatsu licensing deal in 2H FY26 will provide additional revenue and further demonstrate the commercial value of the Company's proprietary capabilities.