FY26 Financial Results and Dividend

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Stock Alkane Resources Ltd (ALK.ASX)
Release Time 21 Aug 2026, 8:30 a.m.
Price Sensitive Yes
 Alkane Resources Ltd FY26 Financial Results and Dividend
Key Points
  • Record FY26 Net Profit After Tax of A$228.7 Million (up 590%)
  • Fully Franked 2.0cps Final Dividend Declared
  • Record revenue of A$935.82 million (up 257%)
  • Gold production of 168,337 ounces (up 140%)
  • Cash and bullion of A$438.9 million (up 628%)
Full Summary

Alkane Resources Ltd announced its FY26 financial results, marking a significant milestone following its merger with Mandalay Resources on August 5, 2025. The company reported a net profit after tax of A$228.7 million, a substantial increase of 590% from the previous year. This remarkable performance was driven by higher realized gold prices and increased sales volume from its three operations. The company also declared a fully franked final dividend of 2.0 cents per share, reflecting the strength of its balance sheet. Revenue surged to A$935.82 million, up 257% from the previous year, and gold production reached 168,337 ounces, a 140% increase. Cash and bullion reserves stood at A$438.9 million, up 628% year-over-year.

Guidance

FY27 gold equivalent production of 163-177kozs at an all-in sustaining cost of $2,900-3,200 per ounce

Outlook

The company remains confident in its FY27 guidance, with a focus on maintaining production levels and cost efficiency. The outlook is positive, supported by the strong financial performance and the successful integration of the new operations.