TNE Delivers 18% Revenue Surge and Boosts Dividends for FY2025
TNE has reported a robust 18% increase in revenue and a 17% rise in net profit for the year ended September 2025, alongside a healthy dividend payout.
- Revenue climbs 18% to $598.5 million
- Net profit rises 17% to $137.6 million
- Basic earnings per share up to 42.13 cents
- Final dividend declared at 20 cents per share
- Net tangible asset backing per share declines to 29.69 cents
Strong Financial Performance
TNE has released its audited financial results for the fiscal year ending 30 September 2025, showcasing a significant uplift in both revenue and profitability. The company recorded an 18% increase in revenue, reaching $598.5 million, up from $505.6 million the previous year. This growth translated into a 17% rise in net profit after tax, which climbed to $137.6 million.
Earnings and Dividends
Basic earnings per share (EPS) improved markedly to 42.13 cents, reflecting the company’s enhanced profitability. In line with these results, TNE declared a final dividend of 20 cents per share, payable on 12 December 2025, with a record date of 28 November 2025. This final dividend, combined with interim and special dividends, underscores the company’s commitment to returning value to shareholders.
Balance Sheet and Asset Backing
Despite the strong earnings performance, net tangible asset (NTA) backing per share fell to 29.69 cents from 33.75 cents in the prior year. This decline may prompt investors to look deeper into the company’s asset composition and capital management strategies. The weighted average number of shares used in EPS calculations remained relatively stable, indicating limited dilution.
Outlook and Compliance
The results have been audited and comply with regulatory standards, providing confidence in the reported figures. While the announcement does not include forward guidance, the solid financial footing and dividend policy suggest TNE is well-positioned to maintain momentum. Market watchers will be keen to see how the company navigates potential challenges and capitalises on growth opportunities in the coming year.
Bottom Line?
TNE’s strong FY2025 results and dividend boost set the stage for investor optimism, but asset backing trends warrant close attention.
Questions in the middle?
- What factors contributed to the decline in net tangible asset backing per share?
- How will TNE sustain revenue growth amid evolving market conditions?
- Are there any strategic initiatives planned to leverage the strong profit momentum?
