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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Baker Technology
Baker Technology (BTP) investor relations material
Baker Technology H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary29 Jul, 2026
Executive summary
1H2026 revenue fell 16% YoY to $19.3m; net loss narrowed to $10.5m from $17.4m, while the loss attributable to owners improved to $9.4m from $18.6m.
Gross loss of $1.9m replaced a $0.3m gross profit in 1H2025, reflecting vessel off-hire, lower fleet utilisation and weaker spare sales.
Financial highlights
Revenue was $19.278m versus $22.995m YoY; loss before tax narrowed to $10.235m from $16.640m.
Net loss was $10.536m versus $17.363m; loss attributable to owners was $9.380m versus $18.568m.
Foreign exchange gain was $0.7m in 1H2026 versus an $8.0m loss in 1H2025, contributing to the narrower net loss.
Operating cash outflow was $8.309m versus $6.023m; cash and short-term deposits were $82.639m at 30 June 2026 versus $95.228m at 31 December 2025.
Outlook and guidance
1H2026 results were broadly in line with profit guidance announced on 15 July 2026.
Focus remains on securing business, improving operational efficiency and optimising asset utilisation, with prudent operations and investment decisions.
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Latest events from Baker Technology
- Higher vessel utilization lifted H1 revenue 33%; net profit reached $13.0m.BTP
H1 2024 - Profit rebounded to $19.1m as vessel utilisation improved and cash climbed to $112.0m.BTPH2 2024
- Revenue fell 56% as weaker operations and FX losses drove a $17.4m H1 net loss.BTPH1 2025
- Lower vessel utilisation drove a 47% revenue decline and a $25.4m attributable loss.BTPH2 2025
Next Baker Technology earnings date
H2 202626 Feb, 2027
Baker Technology
Next Baker Technology earnings date
H2 202626 Feb, 2027
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