Tribune Resources (TBR) H2 2026 earnings summary

Executive summary

• Revenue rose 28.4% year-over-year to $205.8 million, driven by higher gold sales and improved mine performance.

• Net profit after tax increased to $88.4 million from $40.2 million, with $75.7 million attributable to owners.

• A $35.0 million reversal of prior year mine development impairment for Raleigh Underground boosted results.

• Dividend of 20 cents per share paid; no additional dividends declared.

Financial highlights

• EBITDA reached $156.0 million, up from $76.3 million in the prior year.

• EBIT was $130.0 million, more than double the previous year.

• Basic EPS increased to 144.31 cents from 63.34 cents year-over-year.

• Cash flow from operations was $58.8 million, down from $71.7 million due to higher tax and working capital needs.

• Cash and cash equivalents at year-end were $8.1 million, down from $12.4 million.

Outlook and guidance

• Continued focus on exploration, development, and production at existing projects.

• Ongoing investment in mine development and exploration to sustain or increase production.

• No significant post-year-end events affecting future operations.