Daily Roundup

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Servcorp Upgrades FY26 Profit Guidance

Servcorp Limited has some great news to share - the company has upgraded its profit guidance for the 2026 Financial Year. Based on strong operational momentum and improved revenue efficiency across its global portfolio, Servcorp now expects its Underlying NPBIT (Net Profit Before Interest and Tax) to come in between $80.0 and $84.0 million, up from the previous guidance of $72.0 to $76.0 million.

But that's not all - Servcorp is also forecasting Underlying Free Cash of no less than $100.0 million, an increase from the previous guidance of no less than $90.0 million. And the dividend payment is now not expected to be below 32.0 cents per share, up from the previous 30.0 cents per share.

This upgraded guidance reflects Servcorp's continued success in driving occupancy, maximizing revenue efficiency in mature locations, and selectively expanding where supported by management depth and operational readiness. The company has benefited from stronger contributions from its mature locations as operating leverage is realized across its largely fixed cost base. Improved occupancy, pricing discipline, and service conversion have all contributed to higher revenue efficiency.

Servcorp remains focused on monitoring market conditions and will continue to update investors as the year progresses.

Lynas Rare Earths Delivers Strong Q2 FY26 Results

Lynas Rare Earths Ltd has reported a stellar performance in the second quarter of fiscal year 2026. The company's quarterly gross sales revenue soared 43% year-over-year to A$201.9 million, while its closing cash and short-term deposits position reached a healthy A$1,030.9 million.

Production of NdPr, a key rare earth element, came in at 1,404 tonnes, and total rare earth oxide production was 2,382 tonnes. Lynas also successfully completed major maintenance work at its Lynas Malaysia facility during the quarter, safely restarting the cracking and leaching operations in early January 2026.

Looking ahead, Lynas remains optimistic about the market outlook, with continued strong demand and pricing for its rare earth products. The company is well-positioned to capitalize on the growing global demand for rare earths, particularly as the only commercial producer of light and heavy rare earth oxides outside of China.

Pointerra Reports Solid Q2 FY26 Results

Pointerra Ltd has delivered a solid performance in the second quarter of fiscal year 2026, with strong growth in customer receipts and positive operating cash flows. The company expanded its enterprise customer base, adding new Tier 1 clients in the US energy utilities sector, and made significant enhancements to its Pointerra3D Core platform to improve usability, scalability, and operational flexibility.

Key highlights include the commencement of the US$2 million (A$3 million) DOE GRACI program, which is expected to deliver substantial invoicing milestones throughout the remainder of FY26. Pointerra also launched a new processing unit commercial model for the survey & mapping sector, helping drive customer expansion from its Core offering into Analytics.

Looking ahead, Pointerra expects to deliver material revenue from the GRACI program with Georgia Power Company during calendar 2026, and the company remains optimistic about its growth prospects, with accelerating momentum expected in the third quarter.

Legacy Minerals Provides Quarterly Update

Legacy Minerals has been busy over the past few months, making significant progress at its flagship Mt Carrington Project and securing a farm-in and joint venture option agreement with global major Rio Tinto for its Thomson Project.

At Mt Carrington, the company has engaged Ausenco to complete an expanded Stage 2 Scoping Study, which will evaluate the full 115Moz silver-equivalent resource and unlock value across both precious and critical metals. In parallel, Legacy Minerals is pursuing discovery-driven upside through targeted drilling at prospects such as Battery, Mascotte, and White Rock, with high-grade surface results from Mascotte and new, drill-ready targets at White Rock.

The farm-in and joint venture option agreement with Rio Tinto for the Thomson Project represents a strong validation of the geological potential of this underexplored belt-scale opportunity. Rio Tinto's commitment to fund up to $25 million of exploration materially de-risks the project for Legacy shareholders while preserving significant upside exposure.

With assay results expected from Battery, the expanded Stage 2 Scoping Study due for completion shortly, and drilling underway at Mascotte, Legacy Minerals has started the New Year with considerable momentum.

Aurelia Metals Delivers Strong Q2 FY26 Production

Aurelia Metals Limited has reported a strong second quarter of fiscal year 2026, with robust metal production and cash flows. The company generated group quarterly metal production of 11.7koz gold, 0.6kt copper, 7.2kt zinc, and 4.3kt lead, resulting in significant cash flow from operations.

The company's Federation mine ramp-up continues ahead of plan for FY26, with increased ore mined and higher grades. The Peak processing plant is also performing extremely well at increased throughput, with excellent recoveries to maximize metal production.

Aurelia's growth projects, including the Great Cobar Copper Project and processing plant expansions, are progressing as planned. The company reaffirmed its FY26 production, cost, and capital guidance, with gold production tracking to the upper end of the guidance range during a period of strong prices.

Looking ahead, Aurelia Metals' key focus areas include safely executing its plan towards ~40ktpa of copper equivalent production in FY28, continuing to fill the Peak plant to maximum capacity, ramping up Federation and extending its mine life, delivering Great Cobar project milestones ahead of plan, and progressing priority growth options.