LaserBond (LBL) H2 2026 earnings summary

Executive summary

• Revenue grew 10.8% year-over-year to AUD 48.2 million, with EBITDA up 15.1% to AUD 10.4 million and net profit after tax rising 27.7% to AUD 4.9 million.

• Earnings per share increased 27.7% to AUD 0.0417.

• Strategic investments in inventory and R&D supported innovation, uninterrupted supply, and future growth.

• Fully franked dividend of AUD 0.016 per share declared.

• Gateway contributed AUD 1 million in NPAT, with strong growth in parts, services, and laser cladding.

Financial highlights

• Gross margin for the year was 51%, slightly lower due to high tungsten prices, but service margins expanded to 58%.

• Total assets increased to AUD 63.9 million; net assets rose to AUD 45.1 million.

• Cash and cash equivalents reduced to AUD 2.9 million, reflecting deliberate inventory build-up.

• Working capital increased by 22.8% to AUD 18.6 million.

• No financial debt; total liabilities decreased to AUD 18.8 million.

Outlook and guidance

• Mining sector recovery expected to support future service volumes.

• New product launches, including hard chrome replacement and X-Clad, targeted for commercialisation in FY27.

• Continued international growth, especially in the U.S. and through technology licensing.

• Margin recovery anticipated as tungsten prices moderate and alternative coatings gain traction.

• New Queensland facility transition planned for Q3 FY27 to drive efficiency.