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Gale Pacific Limited (ASX:GAP)

ALERT: Price-sensitive ASX Announcement for GAP
Current share price for GAP : $0.098 -0.007 (-6.67%)+
Announcement
Release
26 Aug 2026 9:58AM
Price at Release
$0.105
Full Release
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Summary
The FY2026 results presentation of Gale Pacific Limited outlines a year of strategic adjustments and operational improvements despite a challenging market environment. The company reported revenue of AUD 155.5 million, a decrease from the previous fiscal year, but achieved an EBITDA of AUD 12.3 million, reflecting a slight increase. Key strategic actions included resetting the US operating model, which resulted in workforce reductions and cash savings, and enhancing inventory management across regions. The company successfully launched e-commerce channels in the US, securing significant new customer agreements. Despite lower overall revenue, Gale Pacific improved its profit margins and operational cash flow, transitioning to a net cash position. The company remains focused on accelerating growth in the commercial segment, expanding its US consumer business, and adapting to geopolitical and economic uncertainties in the Middle East and America.
Key Points
  • Revenue decreased to AUD 155.5 million from AUD 172.0 million in FY25
  • EBITDA increased to AUD 12.3 million from AUD 12.0 million in FY25
  • Operational cash flow improved significantly to AUD 21.4 million
  • Achieved a net cash position of AUD 4.9 million
  • Implemented a 24% workforce reduction in the US for cash savings
  • Launched US e-commerce channels with nearly 100% year-on-year sales growth
  • Secured new customer agreements with major US retailers
  • Focused on growth in the commercial segment and US market expansion
  • Adapted to market challenges including geopolitical tensions in the Middle East
  • Continued cost discipline and operational optimization efforts
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.