MCS Services Limited (ASX:MSG)

ALERT: Price-sensitive ASX Announcement for MSG

Current share price for MSG : $0.004 -0.003 (-42.86%)⁺

Announcement

Appendix 4D

Release

2 Mar 2026 6:04PM

Price at Release

$0.007

Full Release

Summary

MCS Services Limited reported a revenue of $4.98 million for the half-year ending 31 December 2025, reflecting a 32% decline from the previous year. Despite this, EBITDA before significant items improved to $63,710, indicating operational improvements. The company did not report any significant items for this period, unlike the previous year's goodwill impairment. A strategic decision was made to sell its Highways Traffic business to Altus Traffic Pty Ltd, pending shareholder approval, to preserve shareholder value. No dividends were declared during this period, and an emphasis of matter in the auditor's report pointed out a material uncertainty regarding the company's ability to continue as a going concern due to financial metrics like net cash outflows and existing cash and equivalents.

Key Points

Revenue from ordinary activities for the six months ending 31 December 2025 was $4,983,757, a decrease of 32% from the previous period.
EBITDA before significant items improved by $321,535, from a loss to a positive $63,710.
No significant items were reported in the half-year to 31 December 2025.
MCS Services Limited agreed to sell its Highways Traffic business to Altus Traffic Pty Ltd, subject to shareholder approval.
No dividends were declared or paid during the period.
The company's cash and cash equivalents at 31 December 2025 were $1,137,466.
An emphasis of matter in the auditor's report highlighted a material uncertainty about the company's ability to continue as a going concern.

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.