InvestSMART

Synertec Corporation Limited (ASX:SOP)

ALERT: Price-sensitive ASX Announcement for SOP
Current share price for SOP : $0.050 0.002 (4.17%)+
Announcement
Release
30 Jul 2026 9:31AM
Price at Release
$0.048
Full Release
download
Summary
Synertec Corporation Limited released a trading update for FY26 4Q, reporting a 19% increase in group revenue to $21.1 million and a positive net operating cash flow improvement to $1.0 million. The company forecasts FY27 revenue between $29.5 million and $31.7 million, representing 40% to 50% growth over FY26. Contracted work in hand increased by 188% to $20.9 million, providing significant revenue visibility into FY27. Synertec emphasizes its focus on critical infrastructure markets and strong pipeline growth in Engineering and Powerhouse sectors, with financial stability supported by cash reserves and access to financing facilities. However, no guidance is provided for EBITDA, EBIT, NPAT, or cash flow for FY27.
Key Points
  • Synertec Corporation Limited provided a trading and business update for FY26 4Q.
  • The company forecasted FY27 revenue between $29.5 million and $31.7 million, indicating a growth of approximately 40% to 50% over FY26.
  • FY26 4Q saw positive net operating cash flow of $1.0 million.
  • Group revenue for FY26 was $21.1 million, a 19% increase from the previous year.
  • The contracted work in hand at the end of FY26 was $20.9 million, an increase of 188% from the previous year.
  • The Engineering pipeline at the end of FY26 was valued at $174 million, a 60% increase from the prior period.
  • The Powerhouse pipeline was valued at over $400 million, based on tendered opportunities.
  • Cash at bank at the end of the period was $2.0 million with access to $14.8 million of unused financing facilities.
  • The company highlighted its strategy to focus on critical infrastructure markets resilient to economic headwinds.
  • Synertec is not providing FY27 guidance for EBITDA, EBIT, NPAT, or cash flow.
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.