Mastermyne Group has raised its full-year revenue and underlying earnings guidance toward the upper end of its previously announced guidance range following a strong performance in the second half of fiscal 2026.
The company expects full-year revenue to hit the top end of its AU$220 million to AU$230 million forecast range, up from AU$210 million in financial year 2025.
Underlying earnings is similarly positioned to max out its AU$17 million to AU$18 million projection, representing a sharp increase from the AU$13.8 million reported during the previous financial year.
Unaudited financial indicators show year-to-date revenue climbed to $193.3 million by April 30. This build-up heavily underscores a major operational acceleration over the last few months, building on a first-half revenue intake of AU$108.9 million and an initial earnings contribution of AU$8.3 million.
Mastermyne said it managed severe supply chain disruptions triggered by the ongoing conflict in the Middle East, which temporarily squeezed the availability of vital strata consolidation supplies throughout late March and April.
Global inventory pathways began tracking back to normal towards the end of April.
Mastermyne’s total contracted order book has climbed to a healthy AU$461 million.
The commercial baseline includes roughly AU$50 million via freshly inked 12-month extension agreements with mining titan Anglo American, retaining Mastermyne’s existing workforce footprint across three underground coal assets in Queensland.
Mastermyne CEO Jeff Whiteman said favourable market dynamics and strong tier-one client relationships have set up a solid operational baseline heading deeper into the year.
“The second half has seen a continued step-up in activity, particularly in strata consolidation,” Mr Whiteman said.
“Market conditions remain favourable; our order book is strong and we are well placed to convert growth opportunities through our long-standing client relationships and value-adding solutions.”
The company’s balance sheet also showed solid improvement, with net cash holdings rising to AU$36.9 million as of April 30, up from the AU$33.1 million reported at the end of December 2025.
This robust liquidity position leaves the group well-hedged to convert a portion of its wider AU$1.3 billion forward project pipeline, of which AU$593 million is classified as near-term prospects.