Livestock Improvement Corporation (LIC) investor relations material

Executive summary

• Revenue increased 6.7% year-over-year to $314.8 million, driven by strong demand for products and services, especially on-farm software and genetic solutions.

• Net profit after tax (NPAT) declined 30.4% to $21.3 million, mainly due to increased investment in technology and security platforms.

• Underlying earnings remained stable at $21.8 million, and a dividend of 12.26 cents per share was declared, representing 80% of underlying earnings.

• The balance sheet remains robust with total assets of $408.5 million and no debt at year-end.

• Significant growth in technology adoption: wearable integrations up 93.8%, sexed semen usage up 52%, and genomic profiling up 19%.

Financial highlights

• Revenue: $314.8 million, up from $295.1 million year-over-year.

• NPAT: $21.3 million, down from $30.6 million year-over-year.

• Operating cash flow: $50.1 million, down from $56.4 million year-over-year.

• Underlying earnings per share: 15 cents, unchanged from prior year.

• R&D expense: $26.6 million, up from $22.5 million year-over-year.

Outlook and guidance

• Continued focus on investing in technology and security to support data-driven herd improvement.

• Ongoing commitment to delivering insights and services that enhance long-term farm and sector performance.