Boom Logistics (BOL) H2 2025 earnings summary

Executive summary

• Achieved a major turnaround over the past three years, focusing on industrial, mining, and renewables sectors, with a national presence and scalable fleet for large-scale projects.

• Delivered strong FY25 results with revenue up 2% to $265m, EBITDA of $50m (+9%), and operating NPAT of $9.3m (+41%).

• Statutory NPAT reached $23.3m, reflecting a $14m deferred tax benefit.

• Secured over $65m in new and renewed contracts, primarily in resources and renewables.

• Declared a 2c per share dividend and executed a $2m share buyback.

Financial highlights

• Revenue increased to $264.6m (+2%), EBITDA rose to $50m (+9%), and EBIT to $16.7m (+35%).

• Operating NPAT was $9.3m (+41%), while statutory NPAT was $23.3m due to a $14m tax benefit.

• Operating EPS grew 38% to 22c, and NTA per share increased to $2.87 (+8%).

• Net cash at year-end was $14.3m, the highest in many years.

• Share buyback of $2m completed, with a further $4m announced for FY26, and $800,000 in dividends declared.

Outlook and guidance

• Focus on growing EPS through new and renewed contracts, margin growth, and disciplined asset investment.

• Targeting double-digit return on net assets, with a medium-term goal of 15%.

• Buyback program for FY26 may reach up to $4m, subject to board approval and market conditions.

• Continued investment in renewables, transmission, and under-represented markets.

• No specific FY26 guidance provided yet; will be reviewed in coming months.