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Austin Engineering Limited (ASX:ANG)

ALERT: Price-sensitive ASX Announcement for ANG
Current share price for ANG : $0.155 -0.003 (-1.59%)+
Announcement
Release
25 Aug 2026 8:06AM
Price at Release
$0.158
Full Release
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Summary
Austin Engineering Limited reported a challenging financial performance for the year ending 30 June 2026, with a notable decline in revenue, EBITDA, and profit from continuing operations due to a downturn in market conditions. The company's profit after tax attributable to members fell significantly by 76.6% compared to the previous year, and net tangible assets per share also decreased. An interim dividend was declared, fully franked, indicating some level of shareholder return despite the financial difficulties. The report confirms no significant acquisitions or joint ventures during the period, and it is based on audited financial statements with an unqualified audit opinion.
Key Points
  • Revenue from continuing operations decreased by 12.7% to AUD 329.0 million.
  • EBITDA from continuing operations fell by 53.6% to AUD 19.3 million.
  • Profit from continuing operations after income tax dropped by 75.5% to AUD 6.5 million.
  • Loss from discontinued operations after income tax increased by 7.1% to AUD (0.4) million.
  • Profit after tax attributable to members declined by 76.6% to AUD 6.1 million.
  • Interim dividend declared on 17 March 2026 with a payment date of 10 April 2026, amounting to 0.3 cents per share fully franked.
  • Net tangible assets per ordinary share decreased from 19.07 cents in 2025 to 17.48 cents in 2026.
  • No acquisitions or joint ventures were reported in the financial year ending June 2026.
  • The report is based on audited accounts with an unqualified audit report.
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.