The PolyNovo Ltd (ASX: PNV) share price is in focus after the company reported full-year revenue growth of 16.1% to $150 million and a positive net profit after tax of $7.3 million, marking another year of operational and financial progress.

What did PolyNovo report?

• Total revenue rose 16.1% to $150.0 million
• Commercial sales climbed 16.7% to $138.4 million (21.3% in constant currency)
• EBITDA increased 8.1% to $12.1 million; underlying EBITDA was up 50.4% to $13.4 million
• Positive NPAT of $7.3 million, impacted by one-off items
• Operating cash flow was $23.1 million and free cash flow reached $9.4 million
• Gross margin was 89.0%, down from 95.6% due to inventory changes

What else do investors need to know?

PolyNovo completed construction of its new manufacturing facility, with validation progressing ahead of the planned transition in FY27. Manufacturing output increased significantly in the second half, supporting greater efficiency and future growth capacity.

The company continued to expand clinical evidence for its NovoSorb® platform beyond burns, with key government-backed clinical trial milestones achieved. PolyNovo also advanced regulatory efforts, with PMA submission activities underway to unlock future reimbursement and market opportunities in the US.

What did PolyNovo management say?

Bruce Peatey, Chief Executive Officer of PolyNovo, said:

FY26 was a year of capability building and strategic alignment. We delivered strong commercial growth, expanded our manufacturing capacity, strengthened our balance sheet and continued to invest in the evidence, products and capabilities that will drive PolyNovo’s next phase of growth. During FY26, we sharpened our strategic focus and aligned the business around three clear priorities: accelerating growth in our core wound care franchise, building the next growth engine for PolyNovo, and establishing the global operating structure required to scale efficiently and consistently. Importantly, we achieved this while generating strong cash flow, strengthening our balance sheet, and continuing to invest in the future of the NovoSorb platform.

What’s next for PolyNovo?

Looking ahead, PolyNovo is focused on execution as it prepares for the next phase of growth. The company expects to ramp up production in its new facility and deliver further commercial expansion of NovoSorb® MTX into new indications and geographies.

Regulatory submissions, especially the planned PMA in the US, are set to play a key role in broadening reimbursement and adoption. A new dedicated business development function will seek out partnerships and licensing opportunities to extend the NovoSorb® platform, aiming to drive sustained growth.

PolyNovo share price snapshot

Over the past 12 months, PolyNovo shares have declined 16%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post PolyNovo FY26 earnings: Revenue jumps, profit steady 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 positions in and has recommended PolyNovo. 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 Deep Yellow Ltd (ASX: DYL) share price is in focus today after the company announced the completion of two major milestones at its flagship Tumas Project in Namibia, including a long-term water supply agreement and the finalisation of local ownership arrangements.

What did Deep Yellow report?

• Secured a long-term Water Supply Agreement for the Tumas Project with NamWater, covering construction, commissioning, and operational phases.
• Formalised local Namibian ownership with Oponona Investments for a 5% stake in Reptile Uranium Namibia (RUN), supporting project licensing.
• Oponona’s share of historic and future Tumas expenditure will be carried as an interest-free loan, repayable from future dividends.
• Bulk earthworks at Tumas are complete, with over A$34 million in civil and concrete works now underway.
• Final Investment Decision for Tumas targeted for Q4 2026, subject to market conditions.

What else do investors need to know?

The agreement with NamWater secures one of Tumas Project’s most critical long-term operating requirements, giving confidence around water supply for construction and future uranium production. These latest milestones bolster project certainty and construction readiness.

Deep Yellow also advanced key corporate social responsibility goals, with Oponona’s stake and a Special Purpose Entity set up to ensure community benefit initiatives are implemented. Importantly, Oponona’s loan structure aims to balance local ownership with financial sustainability, as repayments come from their dividend share.

The company continues to make progress on detailed engineering, procurement, and optimisation, as well as working towards securing project financing and enabling infrastructure before the anticipated Final Investment Decision later this year.

What did Deep Yellow management say?

Deep Yellow’s CEO, Greg Field, commented:

This is another great outcome for Deep Yellow. We have closed out two important workstreams and continue to build momentum as we systematically prepare Tumas for development. Our approach has been clear and consistent – remove uncertainty wherever we reasonably can and build execution certainty before committing shareholder capital at FID. That is what we said we would do and it is what we are delivering. Securing long-term water provides certainty over one of Tumas’ most critical operating requirements while the Oponona agreements give effect to local ownership arrangements contemplated under a binding Heads of Agreement previously disclosed by Deep Yellow.

These milestones build on completed bulk earthworks, major civil and concrete works now underway, and continued progress across engineering, procurement, optimisation and financing. Tumas is becoming progressively more de-risked and construction-ready. We have real momentum and will continue systematically closing out the remaining workstreams as we build the strongest possible platform for a disciplined investment decision.

What’s next for Deep Yellow?

Deep Yellow is focused on successfully progressing its Tumas Project towards a Final Investment Decision in Q4 2026. The company is systematically working through all key development workstreams—aiming to reduce risk and lift execution certainty.

Beyond Tumas, Deep Yellow continues to advance projects in Western Australia and Namibia, with its goal to become a leading global uranium producer. The team is also alert for high‑quality M&A opportunities that align with its long-term growth strategy.

Deep Yellow share price snapshot

The Deep Yellow share price has modestly outperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a gain of 5%.

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The post Deep Yellow delivers key Tumas milestones and secures project progress in Namibia 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.

If it’s passive income you’re after, Woodside Energy Group Ltd (ASX: WDS) shares are well worth investigating.

With the exception of 2020, when oil prices cratered amid the global COVID lockdowns, Woodside has paid out two fully franked dividends a year for more than a decade.

And with oil prices leaping higher this year in the wake of the Middle East conflict, those dividends are becoming more attractive. Not to mention the more than 40% share price gains Woodside has posted in 2026.

So, just how many shares in the S&P/ASX 200 Index (ASX: XJO) energy stock do you need to buy for $5,000 a year in passive income?

We’ll get to that in a tick. But first…

An important reminder

Before we dig into the numbers, an important reminder.

The first dividend yield figure we use below is based on Woodside’s final dividend, which the company paid on 27 March. The second comes from the interim dividend that Woodside declared when it released its half-year results yesterday.

That means we’re working partly with the pending dividend yield and partly with a trailing yield. Future yields may be higher or lower depending on a range of company-specific and macroeconomic factors.

And adding another wrinkle to our passive income calculations, Woodside declares its dividend in US dollars. The company will release the Aussie dollar equivalent on 9 September.

That may not be the spot exchange rate on the day, however, but rather based on an average exchange rate over a few week period.

With these variables in mind…

Drilling into Woodside shares for a $10,000 annual passive income

In March, Woodside paid eligible stockholders a fully franked 83.5 cent per share final dividend.

On Tuesday, the ASX 200 oil and gas stock declared a fully franked interim dividend of 57 US cents per share.

Going by today’s exchange rate (and noting this could be different from the average rate Woodside employs on 9 September), that equates to 79.7 Aussie cents per share.

If you want to bank that interim passive income payout, you’ll need to own Woodside shares at market close on 2 September. Woodside trades ex-dividend on 3 September. You can then expect those dividends to hit your bank account on 25 September.

So, based on the above figures, Woodside’s full-year dividend payout is likely to be around AU$1.632 per share.

For $10,000 a year in passive income, you’d need to buy 6,128 shares today.

At the recent share price of $33.26, Woodside trades on a fully franked dividend yield (partly trailing and partly pending) of around 4.9%. Taking those franking credits into account, that equates to a grossed-up yield of around 7.0%.

The post How many Woodside shares do I need to buy to earn $10,000 a year in passive income? appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben 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.