Key points
- Revenue increased by 22.8% to $32,026,306
- EBITDA surged by 194.0% to $4,652,599
- Net assets grew to $24,142,343
- Successful $7.9 million capital raising
- Awarded $48 million contract with Brightstar Resources Limited
Full summary
Aquirian Ltd. (ASX: AQN) has released its Annual Report for the year ended 30 June 2026, highlighting significant growth across its core business segments. Total revenue increased by 22.8% to $32,026,306, driven by the Mining Services division's growth, particularly from the Wubin facility, and the Collar Keeper® product range. EBITDA improved dramatically by 194.0% to $4,652,599, reflecting stronger operating performance. The company successfully completed a $7.9 million capital raising, enhancing its balance sheet and supporting growth initiatives. Additionally, Aquirian secured a $48 million contract with Brightstar Resources Limited, utilizing its patented Automated Collar Keeper® System. Net assets grew to $24,142,343, with cash and cash equivalents at $11,585,651. The company continues to focus on integrating its Energetics, Technology, and People platforms to deliver innovative mining services.
Guidance
Revenue growth of 22.8%, EBITDA increase of 194.0%, net assets growth to $24,142,343 (FY2026)
Outlook
Aquirian Ltd. plans to continue expanding its integrated mining services offering, focusing on the safe execution of contracts, increasing activity levels, and strengthening its technology-led drilling and blasting capability.