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The Environmental Group Limited (ASX:EGL)

ALERT: Price-sensitive ASX Announcement for EGL
Current share price for EGL : $0.069 -0.024 (-25.81%)+
Announcement
Release
19 Aug 2026 7:55AM
Price at Release
$0.093
Full Release
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Summary
The Environmental Group Limited (EGL) reported a financial year loss of $6,062,730 after tax for the period ending June 30, 2026, contrasting with a profit of $4,709,699 the previous year. The company's revenue remained steady at $111,963,627. However, significant costs, including impairments and other expenditures, led to a decline in EBITDA and EBIT before significant items by 22.0% and 46.2%, respectively. The report also noted no dividends declared, no business combinations, or loss of control over entities. The financial statements were audited and received an unmodified opinion. The company's net tangible assets per security fell to 5.71 cents. EGL's Annual General Meeting is set for November 18, 2026.
Key Points
  • Profit after tax for FY26 was a loss of $6,062,730.
  • Revenue from ordinary activities for FY26 was $111,963,627, representing no change from FY25.
  • EBITDA before significant items was down 22.0% to $8,656,730.
  • EBIT before significant items was down 46.2% to $4,382,913.
  • No dividends were declared or recommended during FY26.
  • There were no business combinations or loss of control over entities during the year.
  • The financial statements have been audited with an unmodified opinion.
  • The Annual General Meeting is scheduled for November 18, 2026.
  • Net tangible assets per ordinary security decreased to 5.71 cents.
  • Significant impairments and costs affected FY26 results.
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.