MLG Reports Strong Growth in FY2025 Half-Year Financial Results

MLG Oz Limited (ASX:MLG) has announced its FY2025 Half-Year Financial Results, highlighting continued revenue growth and strategic investments to enhance service capabilities.

Strong Revenue Growth

• Revenue up 20.5% to $272.9M compared to the prior period.
• Continued demand for MLG’s integrated mining services.

Financial Performance

• EBITDA: $29.3M, up 2.8% on the prior period.
• Net Profit After Tax: $4.1M.
• Capital Investment: $29.2M in new fleet capacity.

Business Outlook

• Recent contract wins and fleet deployment to drive stronger second-half performance.
• High gold prices continue to support further growth through 2025 and into 2026.

“The result is very much in line with our expectations for the first half. Our clients have been through a period of resetting their production targets to maximise volumes and during this period we have acquired a significant amount of new fleet. The high gold price is very supportive of further growth through 2025 and into 2026 and we remain very well placed to capitalise on the demand for our integrated services.”

Murray Leahy Managing Director MLG Oz Limited

With a robust contract pipeline and ongoing demand for integrated mining services, MLG is well-positioned to drive further revenue growth and improved margins in the coming months.