GlobeNewswire·Aug 21, 2026, 4:22 AM ET

Record FY26 Net Profit After Tax of A$228.7 Million (up 590%)

ALKRY

Alkane Resources reported record financial results for the year ended 30 June 2026, with net profit after tax rising 592% to A$228.7 million & revenue increasing 257% to A$935.8 million.
Basic earnings per share grew 224% to 17.69 cents, driven by gold sales of 164,878 AuEq ounces & production of 168,337 AuEq ounces across the Tomingley, Costerfield, & Björkdal operations.
The Company's balance sheet strengthened significantly, closing the year with A$454 million in cash, bullion, & listed investments, representing a 628% increase in cash & bullion from the prior year.
Following the transformational merger with Mandalay Resources on 5 August 2025, Alkane declared its maiden fully franked dividend of 2.0 cents per share for FY26.
Key dividend dates were set as the ex-dividend date on 7 September 2026, record date on 8 September 2026, & payment date on 1 October 2026.
The Group reiterated FY27 guidance for 163,000 to 177,000 AuEq ounces of production at an all-in sustaining cost of A$2,900 to A$3,200 per ounce.
FY27 operational guidance specifies production ranges of 78-84koz for Tomingley, 44-48koz for Costerfield, & 41-45koz for Björkdal, with total growth capital expenditure of A$160-190 million & exploration spend of A$45-53 million.
Managing Director Nic Earner highlighted the merger's success in creating a multi-asset producer, noting strong performance in safety, production, & exploration across the three mines.
Alkane continues to advance the Boda-Kaiser Project while maintaining ongoing exploration at its existing operations & the Northern Molong Porphyry Project.