Mastermyne Reports Strong Half-Year Results for FY2026
Mastermyne Group Limited (ASX: MYE) reported positive financial results for the first half of FY2026, reflecting growth despite challenges faced in FY2025. The company achieved a revenue of AU$109 million, showing a slight decline from AU$117 million in H1 FY2025, primarily due to ignition events at Grosvenor and Moranbah North mines. However, the company saw a 41% improvement in underlying EBITDA to AU$8.3 million compared to the second half of FY2025 (H2 FY25), with a notable increase in order book to AU$441 million, up 79% from H1 FY2025.
Mastermyne's net cash position grew by AU$4 million to AU$33.1 million as of December 2025, ensuring ample liquidity for organic growth and acquisitions. Additionally, the company’s positive outlook for H2 FY2026 is supported by a AU$1 billion pipeline, strong demand for strata consolidation services, and higher coal prices. With new contract wins and extensions, including agreements with Yancoal and Anglo American, Mastermyne is well-positioned for continued success.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Mastermyne Reports Strong Half-Year Results for FY2026
Mastermyne Group Limited (ASX: MYE) reported positive financial results for the first half of FY2026, reflecting growth despite challenges faced in FY2025. The company achieved a revenue of AU$109 million, showing a slight decline from AU$117 million in H1 FY2025, primarily due to ignition events at Grosvenor and Moranbah North mines. However, the company saw a 41% improvement in underlying EBITDA to AU$8.3 million compared to the second half of FY2025 (H2 FY25), with a notable increase in order book to AU$441 million, up 79% from H1 FY2025.
Mastermyne's net cash position grew by AU$4 million to AU$33.1 million as of December 2025, ensuring ample liquidity for organic growth and acquisitions. Additionally, the company’s positive outlook for H2 FY2026 is supported by a AU$1 billion pipeline, strong demand for strata consolidation services, and higher coal prices. With new contract wins and extensions, including agreements with Yancoal and Anglo American, Mastermyne is well-positioned for continued success.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au