This week delivered 15 actual earnings results and 13 guidance updates from ASX-listed companies, with positive sentiment prevailing as companies including ALQ, TNE and AAC posted strong results. Notable guidance updates included NAB announcing its Q3 trading update date and GYG exiting the US market while reaffirming Australian growth targets.
Earnings Results
ALS
Testing services provider ALQ delivered record full-year results, with revenue growing 10.7% to $3.32 billion and underlying NPAT surging 25.8% to $381.2 million. Earnings per share reached 75.7 cents, with a full-year dividend of 42.5 cents. The company achieved margin expansion of 129 basis points to 18.0%, driven by strong performance in its Commodities segment which benefited from a cyclical mineral exploration upsurge. Shares gained 8.8% over the week to $24.15, though the company recently reported a cyber security incident impacting operations.
TechnologyOne
Software company TNE posted its 17th consecutive first-half record profit, with annual recurring revenue growing 17% to $598.0 million and revenue up 11.0% to $322.7 million. Net profit increased 6.0% to $66.8 million, with an interim dividend of 8.0 cents declared. The company maintained industry-leading net revenue retention of 114% and reaffirmed upgraded FY26 guidance targeting 18-20% profit before tax growth. Shares rose 3.8% to $29.45, despite some initial market disappointment following the results announcement.
Elders
Agricultural services company ELD delivered strong first-half results with underlying EBIT growing 33% to $76.6 million and underlying profit after tax up 13% to $37.9 million. Revenue surged 32% to $1.77 billion, driven by optimised seasonal conditions and contributions from the Delta Agribusiness acquisition. The company declared an 18.0 cents interim dividend (100% franked), though shares fell sharply by 18.0% to $5.91 following the announcement.
Australian Agricultural Company
Beef producer AAC achieved a strong turnaround with statutory net profit of $107.3 million compared to a $1.1 million loss in the prior year. Revenue grew 8.0% to $422.1 million, driven by improved beef prices of $19.34 per kilogram (up 8%). Statutory EBITDA surged 271% to $208.9 million, demonstrating substantially improved operational profitability. Shares gained 2.5% to $1.35 as the company achieved record operating profit.
Catapult Sports
Sports technology provider CAT reported strong revenue growth of 20.8% to $140.7 million, with organic subscription revenue up 23.2% and customer base expanding to over 5,500 teams. However, the company posted a net loss of $24.0 million versus an $8.8 million loss previously, due to increased depreciation and acquisition-related charges. Management EBITDA improved 67.4% to $24.7 million. Shares jumped 21.3% to $3.57 as management explained the record growth surge to investors.
Serko
Travel technology company SKO delivered strong full-year results with total income growing 34% to $120.9 million, driven by Booking.com for Business momentum. EBITDAFI surged 137% to $6.5 million while the net loss narrowed by $4.2 million to $17.7 million. The company provided FY27 guidance of $128-134 million total income and launched Serko.ai closed-beta in the US. Shares gained 9.6% to $1.32.
Other Results
Several other companies reported mixed results. DRO was relieved of quarterly reporting obligations after achieving consistent positive operational cash flow, though shares fell 7.6% to $3.02 amid ongoing investigation concerns. Tower Limited (TWR) saw underlying NPAT decline 40.4% to $36.8 million as claims experience normalised from exceptionally benign prior year conditions. OFX faced challenging conditions with revenue declining 8.1% and underlying net profit collapsing 91.8% to $2.3 million.
Trading Updates & Guidance
National Australia Bank
Major bank NAB announced it will release its 2026 financial year third quarter trading update on Monday, 17 August 2026. Shares gained 3.8% to $37.92 over the week, as the bank continues its digital banking refresh amid ongoing investment initiatives.
Brambles
Pallet pooling company BXB revised its FY26 guidance downward due to repair capacity constraints in its US service centre network, expecting approximately US$60 million earnings impact. The company announced a new US$400 million share buyback programme to commence after the current programme concludes.
Guzman Y Gomez
Mexican restaurant chain GYG announced it is exiting the US market immediately due to unacceptable financial performance, while reaffirming its Australian business focus with expected FY26 underlying EBITDA of approximately $85 million (29% growth). Shares surged 16.5% to $19.81 as investors welcomed the strategic refocus on the profitable Australian operations.
GenusPlus Group
Industrial services provider GNP upgraded its FY2026 earnings guidance, now expecting normalised EBITDA of $96-100 million (42-48% growth) compared to previous guidance of approximately $91 million. The upgrade reflects contributions from the Railtrain Holdings acquisition completed in April 2026.
Guidance Downgrades
Several companies issued disappointing updates. Gaming technology company AGI expects H1CY26 profit before tax of approximately $1.0 million, down 93% from the prior year, due to reduced North American sales. The Environmental Group (EGL) revised its FY26 normalised EBITDA guidance downward to $8.5-9.0 million from $12.7-13.5 million, with shares plunging 30% to $0.14.
Weekly Price Movers
Notable Shareholder Movements
State Street Corporation was active across multiple holdings this week, establishing substantial 5%+ positions in Select Harvests (SHV) at 5.29%, HMC Capital (HMC) at 5.00%, and Elsight Limited (ELS) at 5.31%. UBS Group AG became a substantial holder in Andean Silver (ASL) with a 5.73% stake, while Citigroup established a 5.06% position in 4DX Technologies (4DX). Macquarie Group was also active with multiple substantial holder movements in various portfolio companies.
Looking ahead, the earnings season continues with several companies scheduled to report in the coming weeks, while market attention remains focused on interest rate policy developments and their impact on corporate guidance. The mixed results this week highlight the divergent performance across sectors, with resources and technology companies generally outperforming while some consumer-facing businesses face ongoing headwinds.