Aquirian Ltd FY26 Full Year Business Update
Key points
- Revenue of $32.0 million, up 22.8% YoY
- EBITDA of $4.6 million, up 193.6% YoY
- Secured $48 million contract with Brightstar Resources
Full summary
Aquirian Limited (ASX: AQN) reported its unaudited financial results for the full year ended 30 June 2026 (FY26). The company achieved total revenue of $32.0 million, a 22.8% increase from the prior corresponding period. EBITDA stood at $4.6 million, a significant 193.6% rise. The company's balance sheet strengthened with cash and cash equivalents of $11.6 million at period end. Operational highlights include securing a $48 million, three-year contract with Brightstar Resources, completing an $8 million capital raising, and achieving record monthly production at the Wubin emulsion facility. The company also expanded its Collar Keeper® product portfolio and global sales. Managing Director Greg Patching expressed satisfaction with the performance, highlighting growth in Mining Services and the execution of strategic initiatives.
Guidance
FY26 revenue: $32.0 million, EBITDA: $4.6 million, cash and cash equivalents: $11.6 million
Outlook
Aquirian remains focused on delivering innovative solutions to improve safety, productivity, and value for customers, with a strong platform for future growth.
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