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Babylon Powers Up with Strong Rental Quarter and Strategic Acquisitions
3:43pm on Thursday 31st of July, 2025 AEST
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Babylon Powers Up with Strong Rental Quarter and Strategic Acquisitions
3:43pm on Thursday 31st of July, 2025 AEST
Key Points
Rental segment posts strongest quarter of FY25 with increased utilisation and test pumping contracts
Matrix Hydro Services and Blue Hire acquisitions nearing completion with integration underway
Maintenance division delivers major engine builds for Thiess, boosting late-quarter activity
Net operating cash inflow of $108k amid $8.1 million in cash receipts and rising receivables
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