Key points
- Completed sale of 39.85% interest in Craig International Ballistics for $27.2 million
- Balance sheet strengthened with over $27 million in cash at year end
- PowerPlus Energy awarded $2.3 million ARENA grant
- Li-S Energy delivered first lithium-sulfur battery cells to US Army
- Simplified corporate structure through deconsolidation of White Graphene Ltd
Full summary
PPK Group Ltd released its financial results for the 12 months ended 30 June 2026. The company completed the sale of its 39.85% interest in Craig International Ballistics, receiving $27.2 million in cash. This sale has significantly strengthened the company's balance sheet, providing financial and strategic flexibility. PowerPlus Energy, a key subsidiary, improved its performance and was awarded a $2.3 million grant. Li-S Energy advanced its lithium-sulfur battery technology and delivered its first cells to a US Government agency. PPK also simplified its corporate structure by deconsolidating White Graphene Ltd.
Guidance
PPK Group Ltd proposes an on-market share buyback for up to $2.5 million in FY27.
Outlook
PPK Group Ltd is entering FY27 as a stronger and better-capitalised company with significant financial capacity and a clear strategy for disciplined growth.