Myeco Group Ltd

MCO.ASX

Materials

MyEco Group Ltd (ASX: MCO) is a leading developer and manufacturer of sustainable packaging materials.

Market Data

Price

$0.022

+0.1%
Market Cap

$13.3M

P/E Ratio

-100000.0x

EPS

$-0.007

Div. Yield

0.00%

52-Week Change

-0.1%

Latest Earnings

H1 FY26 Appendix 4D and Half-Year Report

25 February 2026

Revenue
$7.80
+0.4% YoY
NPAT
-$1.70
+38.3% YoY
EPS
$-0.00
Dividend
$0.00

MyEco Group reported a 38% improvement in loss before tax to $1.7M for H1 FY26, driven by operational restructuring despite revenue remaining flat at $7.8M. The company achieved improved gross margins of 24.7% (up from 23.0%) and significantly better operating cash flows of negative $0.6M compared to negative $2.1M in the prior period. Management appointed a new CEO and is focused on expanding MyEco® branded products and council sales while managing ongoing challenges in U.S. markets due to tariff policy changes. Key points: Loss before tax improved 38% to $1.7M from operational restructuring initiatives; Gross margin expanded 173 bps to 24.7% due to improved customer mix; Operating cash outflows improved significantly to $0.6M from $2.1M in pcp

Recent Announcements

25 Feb 2026 Actual Results Neutral

H1 FY26 Appendix 4D and Half-Year Report

MyEco Group reported a 38% improvement in loss before tax to $1.7M for H1 FY26, driven by operational restructuring despite revenue remaining flat at $7.8M. The company achieved improved gross margins of 24.7% (up from 23.0%) and significantly better operating cash flows of negative $0.6M compared to negative $2.1M in the prior period. Management appointed a new CEO and is focused on expanding MyEco® branded products and council sales while managing ongoing challenges in U.S. markets due to tariff policy changes. Key points: Loss before tax improved 38% to $1.7M from operational restructuring initiatives; Gross margin expanded 173 bps to 24.7% due to improved customer mix; Operating cash outflows improved significantly to $0.6M from $2.1M in pcp

25 Feb 2026 Supplementary Neutral

H1 FY26 Half Year Results Presentation

MyEco Group reported H1 FY26 results showing improved profitability with profit before tax of -$1.7m (38% improvement from -$2.6m in H1 FY25) and normalized EBITDA of -$0.9m (51% improvement), driven by gross margin expansion to 24.7% and operating cost reductions from restructuring, while net revenue remained relatively flat at $7.7m with strategic growth in council/waste sales (+21%) and MyEco® branded products (+6%).

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