Appendix 4E and FY26 Financial Report

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Stock Evolution Mining Ltd (EVN.ASX)
Release Time 19 Aug 2026, 8:26 a.m.
Price Sensitive Yes
 Evolution Mining Ltd FY26 Financial Report
Key Points
  • Record statutory net profit of $1,475.1 million, up 59% from FY25
  • Underlying EBITDA increased 44% to $3,171.3 million
  • Achieved record annual cash flows and a net cash position of $1,347.5 million
  • Total dividend for FY26 is 41.0 cents per share, a record
  • Acquisition of Carnaby Resources Ltd for copper growth at Ernest Henry
Full Summary

Evolution Mining Limited reported a strong financial performance for the year ended 30 June 2026, achieving a record statutory net profit of $1,475.1 million, a 59% improvement from the previous year. The underlying EBITDA increased by 44% to $3,171.3 million, driven by higher gold and copper prices and strong operational performance. The company also reported record annual cash flows, including annual Group cash flow of $1,389.2 million, net mine cash flow of $2,079.5 million, and operating mine cash flow of $3,394.3 million. Evolution Mining moved to a net cash position of $1,347.5 million, an increase of $588.0 million from the previous year, with total liquidity of $1,872.5 million. The company also announced the acquisition of Carnaby Resources Ltd for approximately $213 million, aimed at expanding copper growth opportunities at Ernest Henry.

Guidance

Record underlying EBITDA of $3,171.3 million for FY26

Outlook

Evolution Mining anticipates continued growth and operational excellence across its portfolio, with several high-return projects on schedule and within budget. The acquisition of Carnaby Resources Ltd is expected to enhance copper growth opportunities at Ernest Henry.