PRL Global (PRG) investor relations material

Executive summary

• Revenue grew 52.5% year-over-year to $2.26bn, driven by strong fertiliser trading and the acquisition of the Ardmore mine in Queensland.

• Net profit after tax attributable to members rose 26.1% to $13.7m, with EPS up 30% to 12.36 cents.

• The business restructured into Mining and Fertilisers segments, reflecting a deliberate diversification strategy.

• The Ardmore acquisition and integration were completed, with rapid ramp-up and transition to bulk logistics.

• Board declared fully franked dividends of 5 cents per share, up from 4 cents last year.

Financial highlights

• Revenue: $2.26bn, up 52.5% year-over-year.

• Net profit after tax: $13.7m, up 26.1% year-over-year.

• EPS: 12.36c, up 30% year-over-year.

• Fertilisers segment contributed $1.97bn revenue (87.2% of total), up over 80% year-over-year.

• Mining segment revenue: $90.1m, up 35% year-over-year.

• Cash balance at year-end: $73.4m.

• Total assets: $538.8m; net assets: $273.6m.

Outlook and guidance

• Focus on scaling Ardmore operations and deepening fertiliser business.

• Ongoing negotiations to extend Christmas Island mining lease to 2047.

• Well positioned to leverage improving fertiliser markets and internal efficiencies.

• Expectation to sustain viable mining operations at Christmas Island through 2034 and Ardmore through 2038.