Key points
- Revenue from ordinary activities decreased by 32% to $9.87m
- Loss after tax improved to ($20.9m) from ($39.3m)
- No dividends declared during the financial year
- Sale of Traffic Business for $1.16m completed on 9th June 2026
- Provision of $0.49m made for a legal claim
Full summary
MCS Services Ltd's preliminary final report for the year ended 30 June 2026 shows a 32% decrease in revenue from ordinary activities to $9.87m, with a loss after tax improving to ($20.9m) from ($39.3m) the previous year. The company generated an underlying EBITDA surplus of $0.53m and an underlying net surplus of $0.47m. The company sold its Traffic Business for $1.16m on 9th June 2026, resulting in a gain on sale of $240,217. The company also made a provision of $0.49m for a legal claim related to the sale of the MCS Security Group Pty Ltd subsidiary in 2024. No dividends were declared during the financial year, and the company remains open to potential restructuring approaches.
Guidance
FY2026 revenue $9.87m, loss after tax ($20.9m), underlying EBITDA surplus $0.53m
Outlook
The company remains open to potential restructuring approaches and continues to assess capital management and business opportunities.