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How Babylon’s $27.5m Acquisitions Could Double Its Earnings by FY26
11:43pm on Monday 2nd of June, 2025 AEST
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Industrial Goods & Services
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How Babylon’s $27.5m Acquisitions Could Double Its Earnings by FY26
11:43pm on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of Blue Hire for $18 million upfront plus deferred consideration
Acquisition of Matrix Hydro Services for $2.5 million upfront plus deferred consideration
Funding via $3.5 million accelerated entitlement offer and $21.2 million NAB debt facility
Combined FY26 revenue target of $54 million and EBITDA of $14 million
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Babylon Pump & Power (ASX:BPP)
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