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LGI Limited (ASX:LGI)

ALERT: Price-sensitive ASX Announcement for LGI
Current share price for LGI : $2.290 -0.17 (-6.91%)+
Announcement
Release
21 Aug 2026 8:37AM
Price at Release
$2.460
Full Release
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Summary
LGI Limited announced its financial results for FY2026, reporting a 17% increase in net revenue to $39.8 million compared to the previous year. The company's Statutory and Underlying EBITDA grew by 26% to $21.8 million, aligned with its guidance range. The increase was driven by growth in key areas such as biogas recovery, carbon credit generation, and renewable energy output. LGI expanded its carbon abatement projects to eight new sites and managed a successful capital raising of $56.3 million. The company's focus on operational efficiency and strategic growth has positioned it well to exceed 80MW in generation capacity.
Key Points
  • 17% increase in net revenue to $39.8 million.
  • EBITDA increased by 26% to $21.8 million.
  • Significant growth in biogas recovery and carbon credit generation.
  • Eight new carbon abatement projects initiated.
  • Successful $56.3 million capital raising.
  • Planning to expand generation capacity beyond 80MW.
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.