Supply Network (SNL) H1 2026 earnings summary

Executive summary

• Revenue for the half-year ended 31 December 2025 rose 16.6% year-over-year to $200.5 million.

• Profit after income tax increased 15.5% to $22.9 million compared to the same period last year.

• Basic earnings per share grew to 52.43 cents from 46.21 cents year-over-year.

• Net assets as of 31 December 2025 were $152.8 million.

• Interim dividend of 36.0 cents per share, fully franked, declared for payment on 2 April 2026.

Financial highlights

• Sales revenue reached $200.1 million, up 16.9% year-over-year.

• EBIT for the half-year was $33.4 million, up 14.6% from the prior year.

• Cash flows from operating activities were $20.2 million, slightly down from $20.4 million a year earlier.

• Net cash position at period end was $22.1 million.

• Net tangible asset backing per ordinary security increased to $3.49 from $2.80 year-over-year.

Outlook and guidance

• No specific forward guidance provided, but directors state reasonable grounds to believe debts can be paid as they become due.