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Australian Agricultural Company Limited (ASX:AAC)

ALERT: Price-sensitive ASX Announcement for AAC
Current share price for AAC : $1.360 0.065 (5.02%)+
Announcement
Release
21 May 2026 8:16AM
Price at Release
$1.295
Full Release
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Summary
The Australian Agricultural Company Limited (AACo) released its financial results for the fiscal year ending March 31, 2026. The company reported substantial improvements in its financial metrics, including a significant increase in statutory EBITDA and EBIT, up by 271% and 543% respectively, compared to the previous year. Beef and cattle sales revenues increased by 7% and 15%, respectively. The statutory net profit after tax saw a remarkable turnaround to $107.3 million from a loss the previous year. Total assets increased by 14%, and net tangible assets per share rose by 15%. The report noted a decline in net operating cash inflow by 65%, while the core free cash flow improved by 108%.
Key Points
  • Beef sales revenue increased by 7% to $314.4 million.
  • Cattle sales revenue increased by 15% to $107.7 million.
  • Statutory EBITDA increased by 271% to $208.9 million.
  • Statutory EBIT increased by 543% to $177.5 million.
  • Statutory net profit after tax was $107.3 million, a turnaround from a loss.
  • Total assets increased by 14% to $2,763.7 million.
  • Net tangible assets per share rose by 15% to $2.92.
  • Net operating cash inflow decreased by 65%.
  • Core free cash flow improved by 108%.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.