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MLG Oz Limited (ASX:MLG)

ALERT: Price-sensitive ASX Announcement for MLG
Current share price for MLG : $0.700 -0.08 (-10.26%)+
Announcement
Release
20 Aug 2026 8:17AM
Price at Release
$0.780
Full Release
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Summary
MLG Oz Limited experienced a year of growth in FY2026, with total assets reaching $342.0 million and a net profit after tax of $14.5 million, up from the previous year. The company declared a fully franked dividend of $0.0130 per share and reported net tangible assets per ordinary security of $1.09. Significant capital investments were made, amounting to $63.6 million, which contributed to pro forma EBITDA margin improvements to 13.4%. Notable contracts included a new five-year service agreement with Newmont at the Tanami Operations. MLG Oz Limited effectively managed risks associated with the labor market, inflation, and fuel prices. The board underwent changes to strengthen its strategic oversight, and the company’s financial statements were audited with an unqualified opinion.
Key Points
  • Total assets of MLG Oz Limited increased to $342.0 million by the end of FY2026.
  • Net profit after tax rose to $14.5 million in FY2026, up from $12.1 million in FY2025.
  • MLG Oz Limited declared a fully franked dividend of $0.0130 per share for 30 June 2026.
  • Net tangible assets per ordinary security were $1.09 at the end of FY2026.
  • Total capital expenditure for the year was $63.6 million.
  • The company reported a pro forma EBITDA margin improvement to 13.4% in FY2026.
  • MLG signed a new five-year term with Newmont for services at the Tanami Operations.
  • The company navigated risks related to labor market, inflation, and fuel price fluctuations.
  • MLG Oz Limited's board saw structural changes, including new appointments to enhance oversight.
  • MLG Oz Limited's Appendix 4E and statutory financial statements were audited with an unqualified opinion.
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.