• Net positive operating cash inflow of $3.2M for the quarter
• Cash balance of $10.8M with zero drawn debt at quarter end
• Contract backlog of circa $110M including recent wins of $28M

EVZ Ltd reported a net positive operating cash inflow of $3.2M during the second quarter of the 2025 financial year, driven by increased collections and favourable payment terms with suppliers. The company ended the quarter with a cash balance of $10.8M and zero drawn debt. EVZ's cash receipts for the quarter were $32.1M, bringing the financial year-to-date total to $65.6M. The company's contract backlog, including the recently announced wins for the United Petroleum Hastings Terminal Expansion and the Eneabba Rare Earths Refinery Project, stands at around $110M. During the quarter, EVZ's Brockman Engineering business secured the United Petroleum Hastings Terminal Expansion contract, while also focusing on delivering the Rio Tinto CWSS project expected to be completed in FY26. The company's TSF Power technical services business continues to grow, providing operational support and parts sales for power generation clients, particularly in the renewable gas sector. In the Building Products sector, Syfon Systems and Tank Industries have performed well, with the latter securing process water tank contracts for the Eneabba Rare Earths Refinery Project and the Perdaman Industries urea plant. EVZ remains focused on pursuing new business acquisition opportunities to expand its market share in the Energy and Resources and Building Products sectors.

EVZ continues to seek new business acquisition opportunities that are supplementary to its existing market sectors, with a focus on expanding its market share in the Energy and Resources and Building Products sectors. The company expects to maintain its momentum of securing new contracts to replenish and grow its diversified project portfolio across targeted industry sectors and geographies.