Investors
Share Price
ASX Announcements
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
Positive Operating Cashflow
We matured as a global player in FY25, proving the versatility of our platform and strengthening the resilience of our business. We are proud of what we’ve achieved and excited by what lies ahead. We enter FY26 with a clear growth agenda, a highly capable team, and the operational discipline to capitalise on the many opportunities that lie before us. We will continue to build upon our strategic platform, investing in innovation and expanding our footprint in key markets.
