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Mastermyne Group Limited (ASX:MYE)

ALERT: Price-sensitive ASX Announcement for MYE
Current share price for MYE : $0.605 0.265 (77.94%)+
Announcement
Release
22 Jul 2026 9:31AM
Price at Release
$0.340
Full Release
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Summary
Mastermyne Group Limited exceeded its financial guidance for the fiscal year 2026, reporting unaudited revenue of $237.7 million and an underlying EBITDA of $20.3 million, surpassing the upper ends of its guidance ranges. This performance was driven by a strong second half of the year, marked by increased strata consolidation activity and favorable market conditions. The company's order book has grown to $432 million with a further $823 million in near-term opportunities. Mastermyne's net cash position improved to $46.5 million as of June 30, 2026. The company is set to release its audited results and annual report in August 2026.
Key Points
  • FY26 unaudited revenue of $237.7m, above guidance
  • Underlying EBITDA of $20.3m, above guidance
  • Strong second half driven by high strata consolidation activity
  • Order book increased to $432m
  • Pipeline of targeted opportunities at $1.5bn
  • Net cash position at $46.5m as of June 30, 2026
  • Audited results to be released on August 26, 2026
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.