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Korvest (KOV) investor relations material
Korvest H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for FY26 reached $129.54m, up 8.3% year-over-year, driven by robust day-to-day and small project markets, especially in industrial products.
Achieved strong momentum in the second half, supported by data centre development and infrastructure projects.
Completed major capex investment with Kilburn factory and expanded warehouse capacity in NSW, QLD, and WA.
Finalized a $1.1 million remediation claim in July 2026, to be recognized in FY27 income.
FY27 begins with a record order book and successful ERP transition.
Financial highlights
Sales increased 8.3% year-over-year to $129.54m for June 2026.
EBIT decreased 3.3% to $18.29m; NPAT declined 5.7% to $12.41m compared to June 2025.
Operating cash flow dropped 68% to $5.99m; EPS fell 6.3% to 104.9¢.
Fully franked final dividend of 40.0¢ per share declared, following an interim dividend of 25.0¢ per share; DRP at 5% discount to VWAP.
Record capex of $11.29m, funded from operating cash flows.
Outlook and guidance
FY27 starts with record orders on hand and strong demand in all sales channels.
Major project schedules expected to deliver strong volumes, though subject to client schedule changes.
Robust outlook for infrastructure, with a strong pipeline in road, rail, and data centre construction.
Day-to-day and project markets anticipated to remain strong, contingent on broader economic conditions.
Working capital requirements will stay high in line with the record order book.
- Net profit after tax surged 33.2% on 17.9% revenue growth, with strong project momentum.KOV
H1 2026 - Record earnings, strong cash flow, and Kilburn capacity expansion approved for FY25.KOV
H2 2025 - Revenue fell 4.3% but margins and dividends rose, supported by a strong project pipeline.KOV
H2 2024 - Record order book and major project wins position for profit growth in FY25.KOV
H1 2025
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