LaserBond Limited reported a 27.7% increase in net profit after tax to AUD 4.9 million for the fiscal year ended June 30, 2026, up from AUD 3.8 million in the prior year. Revenue rose 10.8% to AUD 48.2 million, while earnings per share increased 27.7% to AUD 0.0417.
The company’s EBITDA grew 15% to AUD 10.4 million, and net profit before tax climbed 30% to AUD 6.5 million. Gross margin eased slightly to 51% due to elevated tungsten prices, though services gross margin improved to 58% from 53.6%. Return on capital employed rose to 13.05% from 10.88% in FY2025.
LaserBond declared a fully franked dividend of AUD 0.016 per share, split equally between an interim and final payment of AUD 0.008 each. Cash and cash equivalents declined to AUD 2.9 million from AUD 5.6 million, while net assets increased 9.7% to AUD 45.1 million. Total liabilities fell 13.6% to AUD 18.8 million.
Revenue growth was driven by an 18.8% increase in products revenue to AUD 17.5 million, while services revenue remained broadly stable at AUD 27.3 million. Technology revenue rose to AUD 3.4 million, up by AUD 1.1 million year-over-year. The Gateway contribution to net profit after tax increased to AUD 1 million from AUD 0.7 million.
Shares of LaserBond rose 4.5% to AUD 0.58 following the earnings update, after trading as high as AUD 0.67 and as low as AUD 0.485 over the past 52 weeks. CEO Rob Freeman highlighted the company’s integrated platform, noting the on-time, on-budget completion of a modular laser cell for Komatsu. CFO Peter emphasized the improvement in return on capital employed.
The Komatsu laser cell is expected to enter operations in Q1 FY2027, with a market-ready hard chrome replacement product targeted for release in the second half of FY2027. Management also pointed to expected growth in gold mine-related demand in FY2028 and beyond.
