Dalrymple Bay Infrastructure
Logotype for Dalrymple Bay Infrastructure Limited

Dalrymple Bay Infrastructure (DBI) investor relations material

Dalrymple Bay Infrastructure H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Dalrymple Bay Infrastructure Limited
H2 2025 earnings summary24 Feb, 2026

Executive summary

  • FY25 saw improved financial performance, with EBITDA up 5.2% year-over-year to AUD 294.3 million and FFO up 10.6% to AUD 173.3 million, excluding one-off refinancing costs and tax benefits.

  • Distribution per security increased 11.4% to AUD 0.24625, with guidance for FY25/26 distributions raised by 7.7% to AUD 0.26375 per security.

  • Operates the world's largest metallurgical coal export facility, with 14% share of 2024 global seaborne met coal exports and 84% of revenue from met coal mines.

  • All terminal capacity is fully contracted on a take-or-pay basis through June 2028, providing predictable revenue.

  • Strategic priorities include organic growth via NECAP projects, cost-saving initiatives, and further balance sheet optimization.

Financial highlights

  • TIC revenue rose 3.9% in FY25, in line with the TIC rate increase.

  • Q4 2025 distribution of AUD 0.0675 per security, up 10.2% on prior guidance, to be paid 19 March 2026.

  • Distributions for FY-25 totaled 24.625cps, an 11.9% increase from FY-24.

  • $429.6m of capital projects completed or underway, with $229.9m spent but not yet added to the NECAP asset base.

  • Net profit after tax for FY-25 was $29.2m, down from $81.8m in FY-24, primarily due to one-off early debt repayment costs.

Outlook and guidance

  • Distribution guidance for FY25/26 increased by 7.7% over prior guidance, with a target of 3%-7% annual growth in distributions.

  • Payout ratio to be at the upper end of the 60%-80% target band, supported by increased debt funding for NECAP.

  • Further assessment of distribution guidance expected in May, pending inflation and NECAP updates.

  • Anticipated uplift in TIC revenue in TY-26/27 from NECAP program and lower interest costs.

Long-term distribution growth beyond 3-7% target?
Timeline for 2021 USPP notes refinancing assessment?
Next major NECAP project commitment timeline?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next Dalrymple Bay Infrastructure earnings date

Logotype for Dalrymple Bay Infrastructure Limited
H1 202624 Aug, 2026
Dalrymple Bay Infrastructure
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Dalrymple Bay Infrastructure earnings date

Logotype for Dalrymple Bay Infrastructure Limited
H1 202624 Aug, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Dalrymple Bay Infrastructure Limited (DBI), an Australian infrastructure company, owns and operates the Dalrymple Bay Terminal, a coal export facility located in the Bowen Basin, Queensland. DBI's core mission is to provide safe, efficient, and sustainable port infrastructure and services to facilitate the export of Australian metallurgical coal, which plays a critical role in the global steelmaking supply chain and the Australian economy. The company is headquartered in Brisbane, Australia, and its shares are listed on the ASX.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage