Key points
- Record profit after tax of A$259.6 million
- Gold revenue increased by 40% to A$601.8 million
- Gold production increased by 2% to 100,405 ounces
- Cash, bullion, and listed investments totaled A$491.1 million
- Company remains debt-free and unhedged
Full summary
Emerald Resources NL's (ASX: EMR) annual report for the year ended 30 June 2026 highlights a significant increase in financial performance. The company reported a profit before tax of A$365.8 million, up from A$151.3 million the previous year, and a profit after tax of A$259.6 million, up from A$87.6 million. The increase was driven by a 40% rise in gold revenue to A$601.8 million and a 2% increase in gold production to 100,405 ounces. The company's cash, bullion, and listed investments totaled A$491.1 million as of 30 June 2026. Emerald Resources remains a debt-free and unhedged gold producer, with the Okvau Gold Mine in Cambodia being a key contributor to its success.
Guidance
FY27 Production: 100Koz - 115Koz; AISC: US$980/oz - US$1,080/oz
Outlook
Emerald Resources is poised for continued growth with key developments at Okvau, Dingo Range, and Memot projects scheduled for FY27, aiming to exceed 300kozs per annum.