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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Shine Justice
Shine Justice (SHJ) investor relations material
Shine Justice AGM 2026 presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2026 presentation summary13 Oct, 2026
FY26 overview and financials
Adjusted revenue $220.4m, up 7.8% YoY; adjusted EBITDA $44.7m, up 13.7%; adjusted NPAT $15.8m, up 62.9%.
Adjusted basic EPS 11.19c, up 87.8% YoY; operating cash flow $19.0m vs $19.5m in FY25.
Net work in progress $366.6m, up 0.9% YoY; EBITDA and net work in progress are non-IFRS measures.
50-year history; $12b+ damages recovered, including $800m+ for over 4,000 personal injury clients in FY26; ~900 staff across 50+ offices.
Segment performance
Personal Injury revenue $180.9m vs $166.3m in FY25; EBITDA $36.6m, up 18.4%; market share 8.5% in a fragmented market.
Personal Injury compensated 4,000+ clients, secured $800m+ in damages and opened 5,900+ files; productivity, recovery rates and fees billed improved.
Class Actions adjusted revenue $39.4m vs $38.1m; adjusted EBITDA $8.2m, up 6.5%, excluding an $11.2m constraint increase and $1.8m fair value loss on legacy matter disbursements.
Class Actions had 26 active matters and 22 investigations; six in-principle settlements totalled over $290m, and the first New Zealand class action was won.
Strategy, technology and international expansion
International mass torts strategy uses a US hub to source matters for international spokes; litigation funding is intended to limit balance-sheet risk and support long-term growth.
AI governance, data and automation foundations established; AI use expanded across legal, operational and corporate functions during FY26.
Salesforce remains central to client intake, with AI enhancements; implementation began on a unified people and payroll platform.
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Latest events from Shine Justice
- Adjusted NPAT up 62.9% to AUD 15.8m on 7.8% revenue growth, with strong segment performance.SHJ
H2 2026 - EBITDA up 77% and net profit returns, with cash flow set to normalize as settlements clear.SHJH1 2026
- Revenue up 4.4%, EBITDA down; tech, US mass torts, and class actions to drive FY26 growth.SHJH2 2025
- Net profit after tax surged 82.4% despite a 12.2% revenue decline, with strong cash flow and higher dividends.SHJH2 2024
- Revenue up, EBITDA down; strong PI and class action pipelines set up H2 recovery.SHJH1 2025
Next Shine Justice earnings date
H1 202726 Feb, 2027
Shine Justice
Next Shine Justice earnings date
H1 202726 Feb, 2027
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Frequently asked questions
Shine Justice Ltd is an Australian law firm that provides legal services specializing in personal injury, class actions, and social justice litigation. The company operates through its principal brand, Shine Lawyers, offering representation in areas such as workers' compensation, medical negligence, public liability, and institutional abuse. Shine Justice also handles cases involving financial misconduct and environmental law. The firm serves clients across Australia through its network of offices, focusing on accessible and client-centered legal services. Shine Justice Ltd is headquartered in Brisbane, Australia, and its shares are listed on the ASX.