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FINANCIAL HIGHLIGHTS
Management’s outlook for the year.
Chemical Services
Expanded Oil and Gas footprint – Operating across six major oil & gas basins, supporting 6–8 active completion fleets.
CatChek™ growth – Year-on-year sales up 46%, demonstrating strong market adoption and performance.
Growth in the Permian Basin – First commercial order with Double Eagle Holdings, forecast to generate up to A$10m in FY26.
Mining & infrastructure contracts – A$6m renewal with a QLD coal operator, plus multi-year water utility and rehabilitation contracts.
Infrastructure expansion – Secured supply to multiple tunnelling projects in NSW and VIC, including a A$2m contract for a Victorian project.
Water Technologies
PFAS market leadership – Continued global benchmark status with FluorofIX™ and RegenIX™ reducing lifecycle treatment costs.
Major infrastructure build – Completed construction of A$5.6m NSW treatment plant.
Long-term contracts – A$2m BOO with Ventia in VIC and an 18-month extension with a WA mining client.
PFAS remediation projects – A$2.5m Munmorah Power Station clean-up and A$1.9m mine rehabilitation design contract.
Global expansion – First PFAS treatment contracts in Sweden and UK, and commenced operations with the U.S. Department of Defence.
Policy leadership – Contributed to the Australian Senate inquiry into PFAS, shaping future national regulation
Gross Revenue
Gross Margin
Underlying EBITDA
