Key points
- Streamlined operations focusing on water management rental
- Generated $26m FY26 revenue and $9.1m FY26 underlying segment EBITDA
- Strengthened balance sheet with improved financial flexibility
Full summary
Babylon Pump & Power Ltd has streamlined its operations to focus exclusively on its water management rental business. The company reported approximately $26 million in FY26 revenue and $9.1 million in FY26 underlying segment EBITDA before corporate costs. Corporate overhead reductions have been implemented to reduce annual expenditure to around $1.5 million, aligning the cost base with the simplified rental business. The exits from non-core operations have left Babylon focused on specialist water management rental. The company is now exclusively focused on its water management business, investing in the fleet, growing earnings, and building long-term shareholder value. The recapitalization has strengthened the balance sheet and improved financial flexibility to support disciplined fleet investment.
Guidance
FY26 rental segment revenue $26m, FY26 underlying segment EBITDA $9.1m
Outlook
Babylon is well positioned to deliver shareholder value, with a Board and Management that brings an extensive track record in water management, equipment rental, and mining services.