Laserbond Ltd 2026 AGM Chair & CEO Address
Key points
- Laserbond made solid progress in FY26 despite challenging market conditions
- Signed second licensing agreement with Komatsu and new collaboration with Metal 7 Inc
- FY26 revenue grew 10.8% to $48.2 million and net profit rose 27.7% to $4.9 million
Full summary
Laserbond Ltd's 2026 AGM Chair and CEO Address highlighted the company's progress in a challenging year. The company reported revenue growth of 10.8% to $48.2 million and net profit increased by 27.7% to $4.9 million. The company signed a second licensing agreement with Komatsu and entered into a collaboration with Metal 7 Inc, expanding its market reach. Laserbond also made significant advancements in reducing its reliance on tungsten and developed new coatings to address larger markets.
Guidance
FY26 revenue $48.2M, net profit $4.9M
Outlook
Laserbond is optimistic about the future with new products, licensing contracts, and the commencement of production at Yatala. The company aims to reduce dependence on single materials, markets, or customers.
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