Aeris Resources (AIS) H2 2026 earnings summary

Executive summary

• Revenue increased to $702.8 million, reflecting a 22% year-over-year growth.

• EBITDA rose 81% to $290.2 million, with adjusted EBITDA up 77% to $318.2 million.

• Net profit after tax surged 295% to $178.5 million, supported by a $51.5 million income tax benefit from first-time recognition of tax losses.

• Operating cash flow more than doubled to $275.6 million, and net assets grew 89% to $599.5 million.

• Cash and cash equivalents increased to $164.9 million, with no debt at year-end.

Financial highlights

• Gross profit rose 82% to $210.4 million, driven by higher commodity prices and production.

• Basic earnings per share increased 243% to 16.1 cents.

• Net free cash flow reached $137.1 million.

• Trade and other receivables more than doubled to $42.2 million.

Outlook and guidance

• Strong balance sheet and operational improvements position the group for continued strong performance in FY27.

• Focus remains on advancing growth opportunities and maintaining cost discipline.