FY26 Financial Results and Dividend
| 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
- 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%)
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.
FY27 gold equivalent production of 163-177kozs at an all-in sustaining cost of $2,900-3,200 per ounce
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.