• Weebit Nano FY26: Record revenue, new customer wins

    A young man talks tech on his phone while looking at a laptop with a financial graph superimposed across the image.

    The Weebit Nano Ltd (ASX: WBT) share price is in focus today after the company delivered record revenue of $15.3 million for FY26, up 246% from the prior year, and announced new agreements with major semiconductor players such as Texas Instruments.

    What did Weebit Nano report?

    • Revenue rose to $15.3 million, up from $4.4 million in FY25.
    • Statutory loss after tax increased to $54.9 million (FY25: $38.4 million).
    • No dividends declared for the period.
    • Net tangible assets per share improved to 63.95 cents (FY25: 43.04 cents).
    • Cash balance at 30 June 2026 was $168.3 million, significantly up on the previous year.

    What else do investors need to know?

    Weebit Nano strengthened its commercial position in FY26 by licensing its ReRAM (Resistive RAM) technology to Texas Instruments, its largest ever customer, and expanded agreements with other key customers. The company also achieved industry-standard technology qualification at foundry partner DB HiTek and demonstrated working chips in collaboration with onsemi.

    During the year, the company broadened its leadership team and built up its balance sheet, raising $102 million through capital initiatives. Weebit also established a US subsidiary to support its growing customer base and adoption in North America, and secured a role in Korea’s national In-Memory Compute program, signalling growing recognition for its technology in AI and embedded computing markets.

    What did Weebit Nano management say?

    Weebit Nano CEO Coby Hanoch said:

    Weebit Nano solidified our first mover advantage in embedded ReRAM, delivering significant commercial and technical progress that move us closer to mass production and sets us further apart from competitors… I’m incredibly proud of the world-class team Weebit Nano has built.

    What’s next for Weebit Nano?

    Looking ahead, Weebit Nano expects continued revenue growth, with at least $7.1 million anticipated in 1H FY27. Management is focusing on supporting customers as they move toward mass production and entering the royalty revenue phase. The group will continue expanding its technology into advanced nodes and invest further in AI-related R&D, especially as demand for efficient memory solutions rises in dynamic markets like AI and automotive.

    The company notes ongoing strategic efforts to secure new licensing deals, with an expectation of multiple new agreements over FY27. Weebit Nano’s strong cash position is set to support R&D, commercialisation and new product development.

    Weebit Nano share price snapshot

    Over the past 12 months, Weebit Nano shares have risen 37%, outpacing the All Ordinaries Index (ASX: XAO).

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    Should you invest $1,000 in Weebit Nano right now?

    Before you buy Weebit Nano shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Weebit Nano wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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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.

  • Westgold Resources posts record FY26 profit, boosts dividend and returns

    Contented looking man leans back in his chair at his desk and smiles.

    The Westgold Resources Ltd (ASX: WGX) share price was in focus today after the company reported FY26 revenue soaring 79% to a record $2,441 million, and underlying NPAT of $480 million—up 452% year on year.

    What did Westgold Resources report?

    • Revenue: $2,441 million, up 79% from FY25
    • Underlying NPAT: $480 million, up 452% from FY25
    • Underlying EBITDA: $1,104 million at a 45% margin
    • Operating cash flow: $964 million, up 170%
    • Free cash flow: $602 million, up 11,940% from FY25
    • Fully franked dividend: 10 cents per share
    • Closing Treasury balance: $939 million

    What else do investors need to know?

    Westgold produced a record 387,354 ounces of gold during FY26, with strong contributions from its Murchison and Southern Goldfields operations. The company invested approximately $362 million in mine development, exploration, and infrastructure to boost operational flexibility and future production.

    The company remained 100% debt free and fully unhedged, while also completing asset divestments, including the Valiant Gold Ltd demerger. Westgold returned $122 million to shareholders via dividends and buybacks, and has approved a further $50 million buy-back for FY27.

    What did Westgold Resources management say?

    Westgold Resources’ CEO, Wayne Bramwell, commented:

    FY26 was a landmark year for Westgold and delivered a strong outcome for shareholders. Record gold production, improved operating consistency and a favourable gold price drove record earnings, cash flow and treasury growth, strengthening our capacity to invest, grow and return capital… Our strategy and value proposition going forward is clear. We have a business of growing scale, balance sheet strength, asset quality and the team to create value while maintaining a clear focus on shareholder returns.

    What’s next for Westgold Resources?

    Westgold’s board has adopted a new Shareholder Capital Return Policy, supporting ongoing dividends and share buy-backs. Looking ahead, the company will continue to focus on disciplined capital allocation, investing in its largest and most productive assets to boost production and cash flow.

    The company will release further updates on its growth strategy and FY27 guidance in the coming weeks, outlining plans for continued production growth and shareholder value creation.

    Westgold Resources share price snapshot

    The Westgold Resources share price has significantly outperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a gain of 92%.

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    The post Westgold Resources posts record FY26 profit, boosts dividend and returns appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Westgold Resources right now?

    Before you buy Westgold Resources shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Westgold Resources wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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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.

  • St Barbara posts $490m profit and declares 5¢ dividend for FY26

    A construction worker sits pensively at his desk with his arm propping up his chin as he looks at his laptop computer.

    The St Barbara Ltd (ASX: SBM) share price is in focus today as the gold miner revealed a statutory profit after tax of $490 million for FY26 and announced a fully franked dividend of 5 cents per share.

    What did St Barbara report?

    • Statutory profit after tax of A$490 million, up from a loss of A$94 million in FY25
    • Revenue from ordinary activities (continuing operations) down 76% to A$3.6 million
    • Net assets increased 148% to A$928 million by 30 June 2026
    • Cash position of A$475 million with no debt or hedging
    • Fully franked final dividend of 5 cents per share declared, payable 16 October 2026
    • EBITDA (excluding significant items) loss of A$18 million

    What else do investors need to know?

    St Barbara’s strong result was largely driven by a A$500 million gain on the deconsolidation of New Simberi Gold, following a major strategic investment by Lingbao Gold Group. This transaction saw St Barbara reduce its ownership in New Simberi Gold to 50% minus one share, making it an investment in associate rather than a controlled entity.

    The company reported New Simberi Gold generated an underlying profit of A$40 million for the first nine months, compared to a A$30 million loss in FY25. The board also announced the transfer of A$355 million of FY26 statutory profit to a distributable reserve, supporting the dividend payment.

    Additionally, St Barbara is considering an on-market share buy-back of up to 100 million shares, with a final decision expected after an update to the 15-Mile Processing Hub Project Pre-Feasibility Study later in 2026.

    What did St Barbara management say?

    Managing Director and CEO Andrew Strelein commented:

    FY26 was a breakthrough year for St Barbara. We completed the Lingbao strategic investment, secured the funding and early mining lease renewal for FID on the New Simberi Gold Expansion Project, completed permitting and FID for the Touquoy Restart and we delivered a compelling 15-Mile Processing Hub Project Pre-Feasibility Study.

    The strengthened balance sheet and healthy funding position has enabled the Board to declare a fully franked dividend of A$0.05 per share. The Company is also considering an on-market share buy-back of up to 100 million shares but will delay a decision until we have been able to announce the results of the update to the 15-Mile Processing Hub Project Pre-Feasibility Study, which is anticipated to be released at the end of September.

    The Company is committed to prudent capital discipline and will take the opportunity to pass on the available franked dividends as quickly as the balance sheet and funding outlook permits. St Barbara enters FY27 focused on value creation for shareholders, through project delivery, operational performance and efficient capital management.

    What’s next for St Barbara?

    Looking ahead, St Barbara intends to remain focused on project delivery and capital management following its recapitalisation and strategic partnership with Lingbao. The board expects to decide on a potential share buy-back after the release of further details on the 15-Mile Processing Hub Project.

    The New Simberi Gold Expansion Project and the Touquoy Restart in Canada are both moving forward, with St Barbara highlighting sustainable value creation for shareholders as a top priority for FY27.

    St Barbara share price snapshot

    Over the past year, the St Barbara shares have risen 84%, significantly outpacing the All Ordinaries Index (ASX: XAO).

    View Original Announcement

    The post St Barbara posts $490m profit and declares 5¢ dividend for FY26 appeared first on The Motley Fool Australia.

    Should you invest $1,000 in St Barbara right now?

    Before you buy St Barbara shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and St Barbara wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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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.

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