AP Oil International (5AU) H2 2025 earnings summary

Executive summary

• FY2025 revenue rose to $56.752m from $54.723m, while lower gross margin and profit reflected macro headwinds and tougher customer negotiations.

• Demand across the three major business units remained relatively flat; FY2026 outlook is clouded by Middle East conflict and potential disruption to Asian raw-material supply.

Financial highlights

• Revenue $56.752m vs $54.723m; gross profit $9.448m vs $9.823m; profit before tax $1.845m vs $2.229m.

• Net profit after tax $1.579m vs $2.055m; basic and diluted EPS 0.96 cents vs 1.25 cents.

• Operating cash flow was $2.556m vs $2.349m; cash and cash equivalents ended FY2025 at $26.995m vs $26.205m.

• Total comprehensive loss was $0.503m, including $2.082m of other comprehensive loss, mainly reflecting currency translation and joint-venture translation effects.

Outlook and guidance

• Plans include accelerating growth, expanding strategic reach, improving operational excellence and scaling core businesses to pursue global opportunities.

• Asian refinery raw-material suppliers raised prices and some declared force majeure; supply was secured for the next couple of months through long-standing partners, with ongoing support crucial for the year.

• Succession planning at GB Chemicals and AIM Chemical Industries will continue; investment in renewal of AIM’s JTC lease is progressing.