Alkane Resources (ALK) investor relations material

Executive summary

• Record FY26 net profit after tax of $228.7 million, up 592% year-over-year, driven by the transformational merger with Mandalay Resources and higher gold prices.

• Revenue surged 257% to $935.8 million, with gold equivalent sales up 136% to 164,878 ounces and production up 140% to 168,337 ounces.

• The group declared its maiden fully franked dividend of 2.0 cents per share, reflecting strong cash flow and balance sheet strength.

• Cash and bullion at year-end totaled $438.9 million, with total cash, bullion, and listed investments at $454 million.

Financial highlights

• Revenue: $935.8 million (up 257% year-over-year).

• Net profit after tax: $228.7 million (up 592% year-over-year).

• Basic EPS: 17.69 cents (up 224%).

• Gross profit: $345.8 million (up 511%).

• Cash and cash equivalents: $431.9 million (up 798%).

• Net assets: $1,115.6 million (up 223%).

Outlook and guidance

• FY27 group gold equivalent production guidance: 163,000–177,000 ounces at an all-in sustaining cost (AISC) of $2,900–$3,200/oz.

• Growth capital for FY27: $160–190 million; exploration spend: $45–53 million.

• Guidance by operation: Tomingley 78–84koz, Costerfield 44–48koz, Björkdal 41–45koz AuEq.