Key points
- FY26 Revenue: $32.0m, up 22.8%
- FY26 EBITDA: $4.6m, up 194%
- FY26 Statutory NPAT: $1.4m profit, up from $3.4m loss in FY25
- Cash increased to $11.6m, net assets to $24.1m
Full summary
Aquirian Ltd reported strong FY26 results, returning to profitability with a $1.39 million profit after a $3.41 million loss in FY25. Revenue increased 22.8% to $32.0 million, EBITDA surged 194% to $4.6 million, and statutory net profit after tax improved by $4.8 million to $1.4 million. The balance sheet strengthened with cash rising to $11.6 million and net assets to $24.1 million. The Group's profitability was driven by growth in the Mining Services division and ongoing demand in People Services. Key milestones included a $48 million contract with Brightstar Resources for Drillforce and the development of the Automated Collar Keeper® System.
Outlook
Aquirian is focused on executing FY27 opportunities, including the Brightstar contract, Wubin Energetics Hub, and expanding Collar Keeper® distribution. Management expects further growth as investments transition into commercial earnings.