Boom Logistics (BOL) H2 2025 earnings summary

Executive summary

• Achieved the strongest financial result in 15 years, with revenue of $265m in FY25 (up 2%), EBITDA of $50m (+9%), and operating NPAT of $9.3m (+41%), driven by operational turnaround and strategic focus on core sectors.

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

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

• National presence and scalable fleet positioned to capitalize on growth in renewables, resources, and infrastructure.

• Strategic focus on shareholder value through capital management, ESG, and asset regeneration.

Financial highlights

• Revenue increased to $264.6m from $259.2m (+2%) compared to FY24.

• EBITDA rose to $50.0m (+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 to 22c (+38%), and NTA per share increased to $2.87 (+8%).

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

Outlook and guidance

• Targeting double-digit return on net assets in the short term and 15% in the medium term.

• Focus on growing EPS through new and renewed contracts, margin growth, and operational discipline.

• Continued investment in renewables, transmission lines, and underrepresented profitable markets.

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

• No specific FY26 guidance provided; will review and update in coming months.