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Rubicon Water Limited (ASX:RWL)

ALERT: Price-sensitive ASX Announcement for RWL
Current share price for RWL : $0.200 0.01 (5.26%)+
Announcement
Release
24 Aug 2026 9:44AM
Price at Release
$0.190
Full Release
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Summary
Rubicon Water Limited announced its FY26 results, recording a revenue of $61.1 million, which was lower than the previous year's $69.1 million. The company faced a net loss after tax of $15.7 million, in part due to delays in US federal funding, contract timing issues in Asia and EMEA, and a stronger Australian dollar. Despite the financial challenges, Rubicon secured $28.4 million in new contracts in the second half of the year and has a project pipeline of approximately $47 million. Key projects include the Ceres Main Canal Pilot Project in California, SENARA irrigation project in Costa Rica, and a water stewardship project in Nebraska. The company remains optimistic about FY27 due to an increase in contract signings and continuous momentum in its core markets.
Key Points
  • Revenue of $61.1 million for FY26.
  • Net loss after tax of $15.7 million.
  • Delays in US federal funding affected results.
  • Second-half contracts increased to $28.4 million.
  • Major project pipeline valued at approximately $47 million.
  • Significant projects in California, Costa Rica, and Nebraska.
  • Focus on water stewardship and efficient water management.
  • Optimism for FY27 due to increased contract signings.
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.