Capital (CAPD) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with introductions of board members and senior executives joining from multiple global locations.

• Agenda included an introduction to the company's business segments, operational updates, and a Q&A session.

• Meeting convened to review financial statements, director elections, and strategic updates for the year ended 31 December 2025.

Financial performance review

• Achieved record Q1 revenue of $101.7 million, up 42% year-on-year.

• Maintained full-year revenue guidance of $410–$440 million, targeting 20% year-on-year growth.

• Group revenue guidance for 2026 set at $410–440 million, with MSALABS revenue projected at $85–95 million.

• Drilling revenue increased by 9%, mining revenue nearly doubled compared to the previous quarter, and MSALABS revenue rose 55%.

• Group capital expenditure for 2026 expected to be $55–65 million.

Board and executive committee updates

• Board members and committee chairs introduced, including Audit and Sustainability Committees.

• Re-election of directors: Catherine Boggs, Jamie Boyton, Graeme Dacomb, Alexander Davidson, Anu Dhir, Michael Rawlinson, and Brian Rudd.