We’re pleased to share our FY27 Q1 investor update, with strong trading conditions delivering record quarterly earnings. Revenue was $66.5m (up 25%), EBITDA was $18.7m (up 58%) and EBT was $13.3m (up 118%) on the same quarter last year.
We averaged 66 operating rigs and have signed contracts for a further 10 underground rigs, with a pathway to 80 operating rigs before the end of FY27. Our balance sheet remains strong, with $11.9m in cash after paying the $4.2m fully franked final FY26 dividend. The future is looking very bright!
Read the full update on our Announcements page: Linked here.