Author: openjargon

The Mayfield Group Holdings Ltd (ASX: MYG) share price is up 18% to $2.47 on Thursday after the company reported a 43% lift in revenue to $169.0 million and an 18.9% rise in full-year statutory net profit after tax (NPAT) to $8.0 million.

What did Mayfield Group Holdings report?

• Revenue: up 43% to $169.0 million
• Statutory NPAT: up 18.9% to $8.0 million
• Underlying NPAT: up 50% to $10.9 million
• Underlying EBITDA: up 54% to $18.5 million (margin: 10.9%)
• Final fully franked dividend: 2.4 cents per share declared (total FY26 dividends: 4.4 cents)
• Operating cash flow: $5.0 million, with year-end cash at $21.8 million

What else do investors need to know?

Mayfield delivered record financial results, driven by ongoing demand across data centre, mining and utilities sectors, as well as the acquisitions of BE Switchcraft and SMEC Power & Technology. These deals broadened Mayfield’s manufacturing capabilities and market reach, with the new businesses contributing to group revenue and profit since completion.

The company completed a $33.5 million capital raising to help fund acquisitions and support future growth. Net tangible assets increased to 48.84 cents per share, and management says the group remains well placed for further investment or bolt-on opportunities.

What’s next for Mayfield Group Holdings?

Mayfield has declared a fully franked final dividend of 2.4 cents per share, payable in September. Looking ahead, the group expects continued growth, supported by recent acquisitions, an expanded manufacturing footprint, and ongoing investment in people and systems. Mayfield is targeting further expansion opportunities, including the recently acquired Nilsen Switchboards division (to be recognised in FY27).

Management says its balance sheet strength gives it flexibility to pursue value-adding strategic growth in key sectors.

Mayfield Group Holdings share price snapshot

The Mayfield Group Holdings share price has outperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months, surging around 70% over the period.

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The post Mayfield Group share price jumps 18% after delivering record profit and higher dividend appeared first on The Motley Fool Australia.

More reading

• Mayfield Group declares higher FY2026 final dividend

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 recommended Mayfield Group. 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.

Buying into a gold mining stock as it ramps up production is potentially a good way to tap into some significant share price gains.

Broker Morgans believes this story is playing out with Catalyst Metals Ltd (ASX: CYL), on which it recently released a research report, including a bullish share price target, which I’ll get to shortly.

First, let’s have a look at what the company has been up to.

Record production underpins growth story

In its recent quarterly report, Catalyst said it had produced a record 31,886 ounces of gold at an all-in sustaining cost of $2,666.

The company was sourcing ore from four mines across the Plutonic belt of deposits, and developing one of those, Trident, into an underground mine from an open-pit operation.

The company said it would provide FY27 production guidance in late September, including an update to its 10-year production guidance, which was released in September 2025.

The company said:

Over the last three years since Catalyst ownership, the Company’s strategy at the Plutonic Gold Belt has been to define 2Moz of Reserves to underwrite an increased production rate from 100koz to 200koz for ten years. Production will be sourced from multiple mines across the Belt.

The company said it had been building its gold inventory in a bid to meet these goals and upgrading infrastructure to be ready for the necessary expansions.

The company’s management said in a statement:

New discoveries such as those at Cinnamon and Trident have re-enforced our view of the geological potential of this belt. The value of the existing infrastructure and sunk capital, while somewhat tired and suffering from underinvestment, has allowed Catalyst to develop mines faster and at far lower cost. The pathway to a 200koz production rate is set. The mines from which this ore will come are in production or under development and the infrastructure required to process it is in place. Our investment focus during this quarter and much of FY26 has been towards activities to reliably deliver ±200koz over the longer term. This has included ongoing Resource development drilling to grow gold Reserves to 2Moz and ensuring the supporting infrastructure is right-sized and reliable.  

ASX gold miner’s shares looking cheap

Morgans slightly downgraded their price target on the company, but it is still well above the current level of $6.64.

They said:

We retain our BUY rating on CYL with a price target of $11.33 per share. While we have moderated near-term production assumptions to reflect a slower ramp-up, we continue to view CYL as an attractive mid-cap gold growth story. The pathway to ~200kozpa production, continued Reserve growth toward 2Moz and a debt-free balance sheet provide a strong foundation for long-term value creation. At current levels, we believe the market continues to price in substantial execution risk, providing attractive upside as growth projects advance and operational performance improves.

The post This ASX gold miner could deliver 70% gains, according to Morgans appeared first on The Motley Fool Australia.

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• Here are the top 10 ASX 200 shares today

Motley Fool contributor Cameron England 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.

Mineral Resources Ltd (ASX: MIN) shares are jumping higher in morning trade on Thursday.

At the time of writing, the shares are up around 5% for the day and are changing hands for $69.94 a piece.

At one point earlier this morning the shares were trading as high as $70.48 each.

Today’s increase follows an incredible rally over the past month, where Mineral Resources shares have climbed 28%.

It’s great news for investors after a volatile run for the ASX miner so far this year. The shares have swung wildly, ranging from $23.12 to $74.94 over the past 12 months.

For the year-to-date, the shares are now up 26%, and they’re a huge 87% higher than 12 months ago.

Why are investors snapping up the shares today?

Mineral Resources’ posted its FY26 earnings results to the ASX this morning.

The lithium miner reported a 44% increase in revenue year-on-year, a 183% increase in underlying EBITDA, a huge 831% hike in underlying NPAT, and a 236% increase in reported NPAT.

Management also announced it would bring back shareholder dividends. For FY26, the miner will pay out a full-franked dividend of 83 cents per share.

The announcement makes history as the company’s strongest-ever annual results.

Mineral Resources said its record performance was driven by growth in the company’s Mining Services division, the ramp-up of Onslow Iron to nameplate capacity, and improved results in its lithium operations. 

The company’s net debt fell by $1.1 billion to $4.3 billion, with liquidity doubling to $2.4 billion.

The miner plans to continue growth across every operating division in FY27.

It looks like investors are impressed with the update, and many are loading up on shares this morning.

Are Mineral Resources shares a buy, sell or hold following its FY26 results announcement?

I expect that market expects may revise their forecasts on the Mineral Resources share price in coming days, following the results announcement.

At the time of writing it looks like the majority are very bullish on where the shares can go over the next 12 months, but after the latest rally, average target prices mostly imply some element of downside ahead.

Market Index data shows the majority of brokers have a buy rating, but the $65.71 target price now implies around a 6% downside, at the time of writing.

Similarly, on TradingView, the majority (nine out of 16) have a buy/strong buy rating on the lithium miner’s shares. The average $68.40 implies a downside of around 2%, at the time of writing.

The post Mineral Resources shares jump 5% today: Buy, sell or hold? appeared first on The Motley Fool Australia.

More reading

• Mineral Resources just delivered a surprise dividend. Here’s how much
• Why Wesfarmers, Mineral Resources and Qantas shares are turning heads on Thursday
• Mineral Resources share price on watch as record earnings, dividend highlight FY26
• 5 things to watch on the ASX 200 on Thursday
• Up 73%! 3 reasons I’d still buy Mineral Resources shares today

Motley Fool contributor Samantha Menzies 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.

The St George Mining Ltd (ASX: SGQ) share price is rising on Thursday after announcing a major step toward establishing a rare earths processing centre in Minas Gerais, Brazil, with local partner Lima & Pergher and strong State government support.

What did St George Mining report?

• Signed a collaboration agreement with Lima & Pergher and the State of Minas Gerais to create a rare earths processing centre
• The centre will offer processing services to rare earths projects, including St George’s Araxá Project
• St George’s Araxá Mineral Resource now stands at 111.2Mt @ 3.57% TREO and 0.57% Nb₂O₅
• The agreement supports a fully domestic Brazilian mine-to-magnet supply chain
• St George may supply feedstock and technical expertise for the centre’s development

What else do investors need to know?

St George’s Araxá Project is the largest high-grade carbonatite-hosted rare earths resource in South America, bolstering the company’s position in the critical minerals sector. The proposed processing facility in Uberlândia benefits from being located within a major industrial complex, offering established infrastructure and access to a skilled workforce.

The State of Minas Gerais will support licensing, promote connections with suppliers, and help with tax incentives. St George is also advancing discussions with potential offtake and downstream processing partners from the US, Asia, and Europe.

What did St George Mining management say?

John Prineas, Executive Chairman of St George Mining, said:

We are honoured to have been selected by the State to partner on the potential establishment of a rare earths processing centre which could have the capability to separate rare earths, refine rare earths and produce materials for rare earths magnet making. This is an opportunity to establish midstream rare earths processing in Minas Gerais that will build out Brazil’s mine-to-magnet supply chain.

What’s next for St George Mining?

St George and its partners will assess the feasibility of the new processing centre, aiming for operations to commence by 2030, subject to investment decision and approvals. In parallel, St George is conducting a feasibility study for the Araxá Project, de-risked by its upgraded mineral resource.

These initiatives support St George’s growth as a significant player in the critical minerals and rare earths supply chain in Brazil and globally.

St George Mining share price snapshot

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The post St George Mining announces rare earths processing centre in Brazil appeared first on The Motley Fool Australia.

More reading

• Macquarie says this Gina Rinehart-backed miner could pile on more than 150% in value
• St George Mining reports major Araxá resource upgrade
• St George Mining delivers high-grade result and $60m boost in June quarter

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 Beacon Lighting Group Ltd (ASX: BLX) share price is up 14% to $1.98 on Thursday after the company posted 3.4% higher revenue of $340 million, but an 8.1% dip in net profit after tax to $27 million for FY26.

What did Beacon Lighting Group report?

• Revenue rose 3.4% to $340 million
• Net profit after tax decreased 8.1% to $26.99 million
• Final dividend declared at 3.4 cents per share, fully franked
• Net tangible assets per share increased to 77.5 cents (up from 73.8 cents last year)
• Dividend reinvestment plan was suspended during the year

What else do investors need to know?

Beacon Lighting maintained revenue growth despite the tougher retail environment, although profit was softer compared to last year. The final fully franked dividend adds to earlier payments, reflecting the company’s continued commitment to shareholder returns.

The company’s dividend reinvestment plan was suspended in FY26. There were no new entities acquired and no changes to joint ventures or associates during the year.

What’s next for Beacon Lighting Group?

Beacon Lighting is likely to remain focused on growing revenue and improving profitability, while adapting to any shifts in the retail sector. Investors will be watching closely to see how management navigates changes in consumer demand and whether the company resumes its dividend reinvestment plan in future.

Management’s continued focus on balanced growth and capital management can play a key role in supporting long-term shareholder value.

Beacon Lighting Group share price snapshot

The Beacon Lighting share price is still down around 45% despite today’s impressive gain. This compares unfavourably to a 1.2% gain from the S&P/ASX 200 index (ASX: XJO).

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The post Beacon Lighting Group share price jumps 14%: FY26 profit drops despite higher sales appeared first on The Motley Fool Australia.

More reading

• Qantas shares jump 4% today: Is this the start of a rebound?
• 3 ASX mining shares Bell Potter rates a buy
• Mineral Resources just delivered a surprise dividend. Here’s how much
• Mayfield Group share price jumps 18% after delivering record profit and higher dividend
• This ASX gold miner could deliver 70% gains, according to Morgans

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.

As you’re likely aware, on Wednesday, the Australian Bureau of Statistics (ABS) released the latest Australian inflation data for the year to July at 11:30am AEST.

And many investors buying ASX shares chose that moment to reach for their sell buttons.

Indeed, at 11:30am, the S&P/ASX 200 Index (ASX: XJO) was up a healthy 0.8%. By the time the closing bell rang, the ASX 200 was down 0.4%.

Much of that selling pressure came as investors fear that stubborn inflation levels will lead to yet another interest rate hike from the Reserve Bank of Australia (RBA) in 2026.

That’s because headline inflation of 3.5% for the year to July came in materially higher than consensus expectations of 3.3%.

And trimmed mean inflation – which takes out certain volatile items, like automotive fuel and is the RBA’s preferred gauge – remained stuck at 3.6%, and was up 0.5% for the month of July. The trimmed mean figure also exceeded consensus expectations. And it remains well above the RBA’s target inflation range of 2% to 3%.

Now ASX share investors have already had to endure three RBA interest rate increases in 2026. Although the central bank kept rates on hold at 4.35% at its last two meetings, this still sees the cash rate back at its 2024 peak, and matching the highest levels seen since 2011.

So, what can ASX investors expect from interest rates now?

What the experts are saying on Aussie inflation and the RBA’s interest rate path

Josh Gilbert, lead analyst for APAC at eToro, said that the trimmed mean inflation figure is what’s likely to worry RBA governor Michele Bullock.

Gilbert noted:

It suggests underlying price pressures are not easing quickly enough, despite three rate hikes this year and a labour market that is beginning to soften. The board paused in August because it wanted more evidence, and this is not the evidence it was hoping for.

The trimmed mean has now sat at 3.5% or above for three months running, after holding at 3.3% in February and March. That number isn’t drifting back towards the 2-3% target band, it’s moving away from it.

He added that another interest rate hike isn’t locked in for ASX share investors yet.

“One hotter print does not make another hike inevitable, particularly with unemployment rising to 4.5%,” he said.

However, Gilbert added, “The RBA has repeatedly warned it will act if inflation looks like becoming embedded, and this read today will have the board feeling a little nervous.”

CreditorWatch chief economist Ivan Colhoun sounded a more bearish note on the RBA’s next interest rate move following the latest ABS data.

According to Colhoun:

It really leaves the RBA board no option but to raise Australian interest rates further at the upcoming September board meeting. The board is dealing not with upside inflation risks and cost pressures, but with upside inflation reality.

And we’ll leave off with Commonwealth Bank of Australia (ASX: CBA) economist Belinda Allen (quoted by The Australian Financial Review).

“We judge the broad-based upside surprise in the July CPI as having crossed that threshold and materially increased the likelihood of another RBA hike,” she said.

Stay tuned!

The post Buying ASX shares? Here’s what the latest inflation data means for interest rates 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.

The Waypoint REIT Ltd (ASX: WPR) share price is on the move today after posting distributable EPS of 8.59 cents, up 3.4% on the prior period, and announcing a quarterly distribution per security of 8.50 cents, a 3.2% increase.

What did Waypoint REIT report?

• Distributable earnings per security (DEPS): 8.59 cents, up 3.4% vs 1H25
• Distribution per security: 8.50 cents, up 3.2% vs 1H25
• Statutory net profit: $65.8 million ($71.3 million lower than 1H25, due to lower property revaluations)
• Portfolio valuation uplift: $10.7 million, with book value at $2.86 billion
• NTA per security: $2.92, up 0.7% since December 2025
• Gearing: 32.4%, at the lower end of target range

What else do investors need to know?

Waypoint REIT reported that all FY26 lease expiries have now been resolved, with 26 of 28 leases renewed or extended, achieving a strong 97% retention rate and an average rental reversion of 10.3%. The business completed a major refinancing during the half, issuing a new $250 million, 6-year medium term note and repaying the same amount of bank debt, further strengthening its debt profile.

The company also highlighted asset sales, including the settlement of the Nowra property for $6.1 million, and continued progress on its OTR conversion program, with 19 conversions completed—all funded by Viva Energy Australia, their major tenant. Management reaffirmed prioritisation of prudent capital management, strong hedging, and maintaining high occupancy (currently 99.9%).

What’s next for Waypoint REIT?

Looking ahead, Waypoint REIT has reaffirmed full-year guidance for distributable earnings per security at 17.14 cents, a 3% increase over FY25. The company expects quarterly distributions to increase to 4.32 cents per security in the second half of FY26, reflecting a 100% payout ratio.

Management will continue to focus on optimising debt facilities, progressing non-core asset sales (targeting $10–20 million in 2H26), and engaging on upcoming lease expiries in 2027. The outlook remains cautious on transaction activity, with interest rates still the key driver of market sentiment.

Waypoint REIT share price snapshot

Waypoint REIT shares have underperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of 5.5%.

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The post Waypoint REIT posts distributable earnings growth and confirms FY26 outlook appeared first on The Motley Fool Australia.

More reading

• Buying ASX shares? Here’s what the latest inflation data means for interest rates
• Own Qantas shares? Here’s how much the latest dividend will pay
• Horizon Oil FY26 results: Record production and expanding platform
• Omni Bridgeway share price falls after profit drops 89% in FY26
• 2 ASX mining shares Shaw and Partners says could return 150% to 250%

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.

Qantas Airways Ltd (ASX: QAN) shares are moving higher on Thursday after the airline released its FY26 results.

At the time of writing, the Qantas share price is up 2.71% to $9.47.

The result was a mixed one, with revenue rising but profit falling as the Middle East war pushed fuel costs higher.

For income investors, though, one part of the result that may stand out is the latest dividend.

So, how much will Qantas shareholders receive?

Qantas delivers another fully-franked dividend

Qantas has declared a fully-franked final dividend of 19.8 cents per share, with around $300 million set to be returned to shareholders.

This matches the 19.8 cent interim dividend paid earlier this year and takes the company’s FY26 base dividends to 39.6 cents per share.

That’s 20% higher than the 33 cents in base dividends paid in FY25.

However, shareholders also received a 19.8-cent special dividend last year, which took the total FY25 payout to 52.8 cents per share.

At the current Qantas share price of $9.47, the FY26 base payout represents a trailing dividend yield of around 4.2% before franking credits.

When will Qantas pay its dividend?

Qantas shares are scheduled to trade ex-dividend on 15 September, with the record date falling on 16 September.

The airline will then pay the final dividend on 14 October.

The dividend will be fully franked, giving eligible investors the added benefit of attached franking credits.

There was also an update on Qantas’ capital returns, with the airline deciding not to go ahead with the additional $150 million on-market share buyback it announced in February.

Management said fuel volatility linked to the Middle East war no longer supported keeping the buyback open.

What did Qantas report?

Qantas reported FY26 revenue and other income of $25.52 billion, up 7.1% from the previous year.

Underlying profit before tax fell 13.8% to $2.06 billion, while statutory profit after tax declined 19.7% to $1.29 billion.

The airline said the Middle East conflict had a $420 million net impact on earnings, with its fuel bill increasing by around $610 million.

Qantas International was hit particularly hard, although its loyalty division was a stronger part of the result. This segment achieved underlying EBIT rising 12% to $625 million.

What next?

The higher base dividend gives shareholders something positive to take from the result, particularly with the payment fully franked.

However, investors will also need to weigh this against lower earnings and the decision to cancel the planned buyback.

Qantas said travel demand remains resilient heading into FY27, while domestic and international unit revenue is expected to improve in the first half.

Fuel costs are expected to stay elevated, so investors will be watching to see if stronger revenue can help offset some of those higher costs.

The post Own Qantas shares? Here’s how much the latest dividend will pay appeared first on The Motley Fool Australia.

More reading

• Why Wesfarmers, Mineral Resources and Qantas shares are turning heads on Thursday
• Qantas Airways share price on watch as FY26 profit dips but dividend and upgrades unveiled
• 5 things to watch on the ASX 200 on Thursday
• 2 ASX 200 shares I’d buy and 2 I’d avoid amid a surging Aussie dollar
• Are Qantas shares good value this week?

Motley Fool contributor Aaron Teboneras 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.

The Horizon Oil Ltd (ASX: HZN) share price is under pressure today after announcing its FY26 results, which included record net production of 2.15 million barrels of oil equivalent (MMboe) and underlying revenue of US$107.2 million.

What did Horizon Oil Ltd report?

• Record FY26 net production of 2.15 MMboe, up 33% year on year
• Underlying revenue of US$107.2 million (statutory revenue: US$84.2 million)
• EBITDAX of US$56.4 million
• Profit after tax of US$11.1 million
• Cash flow from operating activities up 32% to US$47.2 million
• Final dividend of 1.0 cents per share, taking total FY26 dividends declared to 2.5 cents per share

What else do investors need to know?

Horizon strengthened its production platform through two major acquisitions in the past year. The company integrated its newly acquired Thailand assets and obtained control of Cue Energy Resources Limited in June 2026, expanding its producing asset base across five countries.

Reserves also grew materially, with net 2P reserves up 51% to 13.6 MMboe and 2C contingent resources up 61% to 19.8 MMboe as of 30 June 2026. The group closed the year with US$37.4 million cash and modest net debt of US$11.3 million after paying out over A$33 million in shareholder dividends.

What’s next for Horizon Oil Ltd?

Looking ahead, Horizon plans to unlock more value from its expanded portfolio with a series of near-term catalyst projects. The company is progressing field optimisation programs, infrastructure upgrades, and new drilling across its Asia-Pacific assets, including gas development in Thailand and appraisal activity in Australia and Indonesia.

Management highlighted ongoing cost discipline, a focus on high-return opportunities, and a strong commitment to shareholder returns as cornerstones of its future strategy.

Horizon Oil share price snapshot

The Horizon Oil share price is modestly beating the S&P/ASX 200 index (ASX: XJO) on a 12-month basis with a gain of around 7%.

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The post Horizon Oil FY26 results: Record production and expanding platform appeared first on The Motley Fool Australia.

More reading

• Horizon Oil: FY26 production hits record high

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 Omni Bridgeway Ltd (ASX: OBL) share price is falling slightly on Thursday after the company reported a 57% increase in statutory revenue to $106.5 million, while net profit for FY26 fell 85% year on year to $53.7 million due to a prior one-off gain.

What did Omni Bridgeway report?

• Statutory revenue: $106.5 million, up 57% on FY25
• Total income: $182.2 million, down 72%
• Net profit after tax: $45.9 million, down 89%
• Profit attributable to members: $53.7 million, down 85%
• No final dividend declared for FY26
• Net assets per share: $2.96 (FY25: $2.99); Net tangible assets per share: $2.08 (FY25: $1.94)

What else do investors need to know?

Omni Bridgeway’s FY26 results reflect a more normalised earnings year after the significant one-off benefit from the Fund 9 transaction in the prior period. Excluding secondary market transactions, the group delivered record cash investment proceeds of $350.5 million, up 49% from FY25, and added $564.4 million in new fair value to its investment portfolio.

Cost management was a highlight, with employee expenses down 16% and overall corporate overheads reduced, reflecting a smaller headcount and the absence of major one-off costs. The group’s diversified global legal funding portfolio now includes interests in more than 300 active litigation investments.

What’s next for Omni Bridgeway?

Looking forward, Omni Bridgeway expects demand for litigation funding to remain steady across all markets, supported by a strong pipeline of new investment opportunities and record new commitments of $712.2 million. Management is focused on growing third-party capital, maintaining investment performance, and continuing cost discipline. While the company doesn’t provide specific forecasts due to the unpredictable timing of legal resolutions, further capital formation post-year-end has bolstered its funding capability for future investments.

Omni Bridgeway share price snapshot

The Omni Bridgeway share price has underperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of 10%.

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The post Omni Bridgeway share price falls after profit drops 89% in FY26 appeared first on The Motley Fool Australia.

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• Waypoint REIT posts distributable earnings growth and confirms FY26 outlook
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• Horizon Oil FY26 results: Record production and expanding platform
• 2 ASX mining shares Shaw and Partners says could return 150% to 250%

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