Regis Resources reported a record statutory net profit after tax of $715 million in the year ended June 30, 2026, a 181% increase from $254 million a year earlier, as higher gold prices and operational discipline boosted margins.
The company generated $1.247 billion in operating cash flow and ended the period with a $1.184 billion cash and bullion position, representing an approximate $1.2 billion build from a negative $5 million baseline in June 2024. Total operational cash generated reached $1.508 billion, while EBITDA rose 72% to $1.345 billion, lifting the EBITDA margin to 57% from 47% in FY25.
Gold production totaled 379,050 ounces, matching the top end of guidance for the fourth consecutive year. The average realized gold price climbed 43% to $6,283 per ounce, while sales revenue increased 43% to $2.349 billion. All-in sustaining costs rose 16% to $2,945 per ounce, though the AISC margin expanded by 80% to $3,338 per ounce.
Total dividends declared for FY26 amounted to 35 cents per share, including a 20-cent final dividend comprising a 15-cent ordinary payment and a 5-cent special dividend returning proceeds from the Vault merger break fee. The payout ratio stood at 39%, translating to a 6.1% dividend yield. Since 2013, Regis has declared over $850 million in fully franked dividends, including more than $300 million in the past 18 months.
Capital expenditure totaled $354 million, primarily allocated to mine development, with $74 million directed to exploration and $26 million to the McPhillamys project in New South Wales. The company expects to allocate $250 million to $270 million in growth capital in FY27, alongside an $80 million to $90 million exploration budget.
Regis maintained its production guidance for FY27 at 360,000 to 400,000 ounces, with AISC projected at $2,990 to $3,390 per ounce. The McPhillamys project, currently in prefeasibility study, remains on track for a final investment decision by the first half of 2028.
The company’s cash tax payments during FY26 amounted to $156 million, with an additional catch-up payment of $220 million to $240 million expected in December 2026. Finance costs declined 42% to $18 million, while the tax expense rose 177% to $302 million.
