• Terminal Infrastructure Charge (TIC) Revenue of $307.6m, up 3.9% on FY-24
• EBITDA of $294.3m, up 5.2% on FY-24
• Funds From Operations (FFO) of $173.3m, up 10.6% on FY-24

Dalrymple Bay Infrastructure Limited (DBI) announced its financial results for the twelve months ended 31 December 2025 (FY-25). Key highlights include: TIC Revenue of $307.6m, up 3.9% on FY-24; EBITDA of $294.3m, up 5.2% on FY-24; Funds From Operations (FFO) of $173.3m, up 10.6% on FY-24; Financial close on $1.07bn of new loan facilities to repay 2020 USPP note series, fund early repayment costs and repay and cancel A$410m revolving credit facilities; Statutory net profit after tax of $29.2m. DBI also announced a Q4-25 distribution of 6.75 cents per security, taking the total announced distributions referable to FY-25 to 24.625 cents per security, an uplift of 11.9% on FY-24. Following a capital allocation review, DBI proposes to increase the utilisation of debt to fund non-expansion capital (NECAP) project expenditure, whilst maintaining appropriate leverage headroom, and target to increase the distribution payout ratio from historical levels.

DBI announces an uplift in distribution guidance to 26.375 cents per security (cps) for TY-25/26 (comprising guidance in respect of Q1-26 and Q2-26 of 6.75cps), a 7.7% increase from prior guidance for TY-25/26 of 24.5cps.

DBI will continue to focus on its key strategic priorities over the next 12 months including delivering organic revenue growth, completing major NECAP projects on time and on budget, progressing opportunities to capture long-term Bowen Basin metallurgical coal production, further assessing refinancing opportunities, identifying diversification opportunities, continuing to explore and assess opportunities for future alternative uses of DBT, and delivering whole-of-terminal ESG and sustainability initiatives.