Rubicon Water Limited

RWL.ASX

Information Technology

Water technology solutions business that designs, manufactures, installs and maintains irrigation automation software and hardware.

Market Data

Price

$0.093

+0.1%
Market Cap

$22.4M

P/E Ratio

-100000.0x

EPS

$-0.049

Div. Yield

0.00%

52-Week Change

-0.5%

Latest Earnings

1H26 Appendix 4D and Half Year Report

27 February 2026

Revenue
$29.02
-9.4% YoY
NPAT
-$6.39
-344.4% YoY
EPS
$-0.03
Dividend
$0.00

Rubicon Water Limited reported a weak 1H26 result, with revenue declining 9.4% to $29.0M and the Underlying EBITDA loss deepening significantly to $5.9M (from a $1.7M loss in pcp), primarily driven by a 23% revenue drop in the ANZ segment due to lower hardware and spare parts sales. Net loss after tax widened sharply to $6.4M (from $1.4M in pcp), compounded by a $2.1M adverse swing in foreign exchange movements and higher depreciation. No dividend was declared, and management flagged an expected recovery in the Asia segment in 2H26, though no formal earnings guidance was provided. Key points: Rest of World segment revenue remained stable, with increased European activity offsetting US project delays; Income tax benefit of $2.5M partially offset the operating loss; Joint venture (Medha Rubicon) returned to profitability contribution with a $69K share of gains vs. a $220K loss in pcp

Recent Announcements

27 Feb 2026 Actual Results Negative

1H26 Appendix 4D and Half Year Report

Rubicon Water Limited reported a weak 1H26 result, with revenue declining 9.4% to $29.0M and the Underlying EBITDA loss deepening significantly to $5.9M (from a $1.7M loss in pcp), primarily driven by a 23% revenue drop in the ANZ segment due to lower hardware and spare parts sales. Net loss after tax widened sharply to $6.4M (from $1.4M in pcp), compounded by a $2.1M adverse swing in foreign exchange movements and higher depreciation. No dividend was declared, and management flagged an expected recovery in the Asia segment in 2H26, though no formal earnings guidance was provided. Key points: Rest of World segment revenue remained stable, with increased European activity offsetting US project delays; Income tax benefit of $2.5M partially offset the operating loss; Joint venture (Medha Rubicon) returned to profitability contribution with a $69K share of gains vs. a $220K loss in pcp

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