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Lycopodium posts record FY2026 profit, shares surge 12%

Engineering group Lycopodium reported a 12% stock jump after posting a record A$377.5 million in revenue and A$40.2 million in net profit for FY2026, with management guiding FY2027 revenue to A$540-580 million.

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Priya Anand · Equities & Earnings Desk · 20 Aug 2026 · 03:43 · 2 min read
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Lycopodium posts record FY2026 profit, shares surge 12%

Lycopodium Limited (LYL.AX) said on Thursday its shares rose 12% after the engineering consultancy posted a record annual profit and revenue for the fiscal year ended June 30, 2026. The company reported revenue of A$377.5 million, up 11% from the prior year, while net profit after tax reached A$40.2 million, translating to earnings per share of A$1.01.

The group’s EBITDA rose to A$59.5 million, yielding a 15.7% margin, while profit before tax totaled A$52.5 million. Lycopodium’s net cash position stood at A$106.2 million at year-end, with equity increasing 13% to A$170.7 million. The company declared a final dividend of A$0.37 per share, bringing the full-year total to A$0.59 per share.

Peter D’Aleo, managing director and CEO, said the year represented a record in both committed work and revenue, with the company’s pipeline extending into fiscal 2028. He highlighted a 40% expansion of the addressable market following the group’s push into the Americas, supported by new offices in Toronto, Lima, and Vancouver.

Justine Campbell, chief financial officer, noted that the A$377.5 million revenue figure marked the company’s highest annual total, while net profit after tax of A$40.2 million met the long-term margin target of above 10%. The group managed over 9 million man-hours across more than 50 resource projects and handled over 90 studies, with its project pipeline doubling since December 2025.

Geographically, Africa accounted for 58% of revenue, followed by the APAC region at 24% and the Americas at 11%. The company employed over 1,400 people at June 30, 2026, with staff numbers rising to 1,500 globally across 18 offices.

For fiscal 2027, Lycopodium guided revenue to a range of A$540-580 million and net profit after tax to A$54-58 million. Nearly 70% of the revenue guidance is already committed through existing contracts, according to management.

The company’s shares closed at A$21.13 on Thursday, up A$2.31, or 12.27%, from the prior session’s A$18.82. The stock has traded between A$11.46 and A$21.60 over the past 52 weeks.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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