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Babylon Powers Up with Strong Rental Quarter and Strategic Acquisitions

3:43pm on Thursday 31st of July, 2025 AEST Resources Services
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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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