Genesis Minerals Ltd Reports Strong FY2026 Results
Key points
- Revenue up 89% to $1,742,346,000
- Profit after tax up 172% to $601,763,000
- Net tangible assets per share up 60% to $1.78
- Basic earnings per share up 170% to 54.67 cents
- Final dividend of 5 cents per share
Full summary
Genesis Minerals Limited (ASX:GMD) has reported its full-year financial results for the year ended 30 June 2026, showing substantial growth across multiple financial metrics. Revenue from ordinary activities increased by 89% to $1,742,346,000, while profit from ordinary activities after tax attributable to members surged by 172% to $601,763,000. Net profit for the period attributable to members also rose by 172% to $601,763,000. Additionally, net tangible assets per ordinary share increased by 60% to $1.78, and basic earnings per share rose by 170% to 54.67 cents. The company also declared a final dividend of 5 cents per share, fully franked. The financial effect of this dividend has not been accounted for in the current financial statements.
Guidance
Revenue up 89%, profit up 172%, net tangible assets per share up 60%, earnings per share up 170%
Outlook
Genesis Minerals Ltd announced a proposed merger with Vault Minerals Limited, pending shareholder approval.
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