The Healius Ltd (ASX: HLS) share price was in focus today after the company delivered a 2.2% increase in revenue to $1,373.2 million for FY26, with underlying net loss shrinking by 46.8% to $13.2 million.

What did Healius Limited report?

• Revenue from continuing operations rose 2.2% to $1,373.2 million (FY25: $1,344.2 million)
• Underlying EBITDA grew 8.1% to $258.6 million
• Underlying EBIT jumped 76.6% to $30.2 million
• Underlying loss after tax improved to $13.2 million from $24.8 million a year ago
• Reported loss after tax widened to $415.6 million, from $151.2 million, due chiefly to a $332 million non-cash goodwill impairment
• No dividend declared for FY26 (FY25: 41.3 cps special dividend)

What else do investors need to know?

Healius delivered operational improvements despite headwinds in the healthcare sector, including increased labour costs and limited Medicare indexation. Cost management helped contain annual spend, aided by a detailed workforce optimisation program reducing headcount by around 5%.

The Agilex Biolabs division performed strongly, growing revenue by 14.1% and EBITDA by over 67%. The company is reviewing strategic options for Agilex Biolabs, and an update for shareholders is expected ahead of the AGM.

Healius completed the major phase of its digital transformation program, with most collection centres now processing over 80% of episodes digitally. AI‑driven initiatives are delivering productivity gains and will continue to be rolled out across back-office and laboratory operations.

What’s next for Healius Ltd?

Looking ahead, Healius is focused on expanding higher margin revenue streams in diagnostics, capturing benefits from its completed digital platform rollouts, and further lifting network productivity. The group expects full-year labour cost pressures from regulatory changes, but remains confident about healthcare demand trends over the medium to long term.

The company maintains a strong balance sheet, ending FY26 with net debt of $32.8 million and well within its banking covenants. Management continues to target improved cashflow and margin restoration in FY27.

Healius Ltd share price snapshot

The Healius share price has been sold off over the past 12 months and is down 45%. This compares to a modest 2% gain by the S&P/ASX 200 index (ASX: XJO).

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The post Healius posts FY26 revenue growth, narrows underlying loss appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Service Stream Ltd (ASX: SSM) share price is in focus after the company reported an 18.4% jump in NPAT-A to $81.1 million, and 11.8% higher operational EBITDA for FY26.

What did Service Stream report?

• Group revenue of $2.48 billion
• EBITDA from operations of $163.4 million, up 11.8% on last year
• NPAT-A of $81.1 million, up 18.4% from FY25
• EBITDA-A margin improved to 6.6%
• Net cash balance increased to $80.7 million
• Final fully franked dividend of 3.5 cents, taking FY26 dividend to 6.5 cents (up 18.2%)

What else do investors need to know?

Service Stream successfully mobilised several new contracts in Defence, Water, and Industrial sectors, helping boost its contracted work-in-hand to $8.2 billion (excluding extension options). Cash generation remained strong, with a 24.9% increase in operating cash flow and an EBITDA-to-cash conversion rate above 113%.

Availability of skilled staff supported new contract launches and ongoing growth, while inflationary pressures were managed effectively via operational improvements and contract terms.

What did Service Stream management say?

Managing Director Leigh Mackender said:

Financial year 2026 was another period of strong and positive performance with Service Stream delivering improved financial results, headlined by enhanced group margins, double-digit growth in EBITDA-A and NPAT-A, generation of exceptional cashflows and a strengthening of the Group’s net cash balance sheet. The business expanded its total addressable markets, successfully securing and mobilising several new contractual agreements across the defence, water and industrial sectors as it continues to diligently execute its value creation strategy.

What’s next for Service Stream?

Management expects earnings growth in FY27 on the back of improved quality of earnings, benefits from mobilising new contracts, and strong demand for infrastructure upgrades. The group says its scalable platform positions it well to capture further opportunities as clients invest in essential networks.

The board remains confident the company can take advantage of increased infrastructure spending and sees a robust pipeline of projects in critical sectors.

Service Stream share price snapshot

Over the past 12 months, Service Stream shares have risen 25%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post Service Stream: Profit jumps and dividend lifted in FY26 results appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Santos Ltd (ASX: STO) share price is in focus today as the company reported a 2% lift in half-year product sales revenue to US$2,620 million, but a 19% drop in statutory profit to US$355 million for the six months ended 30 June 2026. Directors declared an unfranked interim dividend of 11.6 US cents per share.

What did Santos report?

• Product sales revenue: US$2,620 million, up 2% year on year
• Statutory net profit after tax: US$355 million, down 19%
• Underlying profit: US$397 million, down 22%
• EBITDAX: US$1,555 million, down 12%
• Interim dividend: 11.6 US cents per share (unfranked), down 13%
• Operating free cash flow: US$378 million, down 65%

What else do investors need to know?

Santos delivered higher production volumes, mainly due to increased LNG output and the continued ramp-up of the Barossa and Pikka Phase 1 developments. Sales volumes rose by 1.7% to 48 million barrels of oil equivalent, helping offset the impact of lower realised LNG prices and higher depletion expenses.

Cash flow from operations fell sharply versus the prior period, reflecting increased commissioning costs at Barossa and Darwin LNG, higher third-party purchase costs, and the change in depreciation methodology to reflect 1P reserves rather than 2P.

The company’s major projects remain on track. Barossa has reached 97% of planned rates since the end of June, while Pikka Phase 1 in Alaska achieved first oil, with expectations for ramp-up to plateau production in the third quarter of 2026.

What’s next for Santos?

Santos has provided production guidance of 99 to 105 million barrels of oil equivalent and sales volume guidance of 102 to 108 million barrels for the full year 2026. The company expects key growth projects, including the Barossa and Pikka ramp-ups, to underpin higher production and support long-term performance.

Santos continues to progress its portfolio of decarbonisation initiatives, such as the Moomba and Bayu-Undan carbon capture projects. The company maintains its focus on reducing costs, improving asset reliability, and delivering project milestones to support its strategy.

Santos share price snapshot

The Santos share price is marginally outperforming the S&P/ASX 200 index (ASX: XJO) on a 12-month basis with a gain of 4.5%.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.