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Mirrabooka Investments Limited (ASX:MIR)

ALERT: Price-sensitive ASX Announcement for MIR
Current share price for MIR : $2.390 -0.17 (-6.64%)+
Announcement
Release
16 Jul 2026 9:35AM
Price at Release
$2.560
Full Release
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Summary
Mirrabooka Investments Limited's annual financial report for the year ended 30 June 2026 highlights a challenging financial period, with a portfolio return of negative 10.8%, significantly underperforming the benchmark's 7.8% return. The company faced underperformance largely due to minimal exposure to the thriving resources sector and a devaluation in emerging growth companies. Despite this, Mirrabooka's long-term performance remains strong, showing an 11.6% annual return since inception in 1999, outperforming relevant indices. The company reported a net profit of $12,961,000 and declared a special dividend of 3 cents per share. The financial statements also emphasize Mirrabooka's cautious investment approach, focusing on maintaining a diversified portfolio and sustaining shareholder dividends, demonstrated by its 27-year history of uninterrupted dividend payments.
Key Points
  • Negative portfolio return of 10.8% in 2026.
  • Underperformance attributed to lack of exposure in the resources sector.
  • Strong long-term performance with 11.6% return per annum since 1999.
  • Net profit reported at $12,961,000 for the year.
  • Special dividend of 3 cents per share declared.
  • Consistent 27-year history of dividend payments.
  • Focus on diversified portfolio and long-term investment strategy.
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.