Mastermyne Group Limited
MYE.ASXMaterials
Provider of underground mining services to the Australian mining industry.
Market Data
$0.245
+0.0%$75.6M
37.5x
$0.007
0.00%
+0.3%
Latest Earnings
Appendix 4D & FY2026 Interim Financial Report
25 February 2026
Mastermyne Group reported a solid HY26 result with underlying net profit from continuing operations surging 129% to $4.1M despite a 7% revenue decline to $109M. The strong margin expansion was driven by the ramp-up of the Appin mine contract and effective cost management, with underlying EBITDA improving 6% to $8.3M. Key points: Underlying net profit from continuing operations surged 129% to $4.1M despite lower revenue; Underlying EBITDA increased 6% to $8.3M demonstrating strong operational performance and cost management; Net cash position strengthened to $33.1M, up $4.0M from June 2025
Recent Announcements
FY26 expected at upper end of guidance range
Mastermyne Group Limited (ASX: MYE) expects FY26 revenue and underlying EBITDA at the upper end of guidance ranges of $220m-$230m and $17.0m-$18.0m respectively, driven by strong 2H FY26 performance in strata consolidation activity and high underlying mining business performance. The company has an order book of $461m (including ~$50m in newly signed Anglo American agreements) and net cash of $36.9m as at 30 April 2026.
Appendix 4D & FY2026 Interim Financial Report
Mastermyne Group reported a solid HY26 result with underlying net profit from continuing operations surging 129% to $4.1M despite a 7% revenue decline to $109M. The strong margin expansion was driven by the ramp-up of the Appin mine contract and effective cost management, with underlying EBITDA improving 6% to $8.3M. Key points: Underlying net profit from continuing operations surged 129% to $4.1M despite lower revenue; Underlying EBITDA increased 6% to $8.3M demonstrating strong operational performance and cost management; Net cash position strengthened to $33.1M, up $4.0M from June 2025
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