Mastermyne Group (MYE) investor relations material

Executive summary

• Revenue reached AUD 237.7 million, up 13.1% year-over-year, exceeding guidance.

• Underlying EBITDA rose 47% to AUD 20.3 million, with net profit before tax up 148% to AUD 15.7 million, both above guidance.

• Net cash balance increased to AUD 46.5 million by June 30, 2026, reflecting robust cash generation.

• Order book expanded 38% to AUD 432 million, supported by major contract wins and extensions, including a new Dendrobium contract valued up to AUD 255 million.

• Workforce expanded to 689, supporting new contracts and operational ramp-up.

Financial highlights

• Revenue increased 13% to AUD 237.7 million compared to the prior year.

• Underlying EBITDA margin improved to 8.5% from 6.6% year-over-year.

• Net profit before tax increased 148% to AUD 15.7 million year-over-year.

• Net operating cash flow grew 20% to AUD 20.3 million, with capital expenditure at 2% of revenue.

• Net cash increased by AUD 16.8 million to AUD 47.2 million at year-end.

Outlook and guidance

• Strong momentum expected to continue into FY 2027, underpinned by a significant near-term pipeline and high coal prices.

• Approximately AUD 200 million of the order book secured for FY 2027, with further renewals and new contracts anticipated.

• Focus remains on disciplined organic growth, cross-selling, technical innovation, and selective acquisitions.

• No final dividend declared for FY 2026 to prioritize capital for growth and acquisitions.

• Strong balance sheet with AUD 76.5 million liquidity supports organic and M&A growth.