Kinatico Limited has reported a strong first half for FY26, with revenue up 13% and profit more than doubling compared to the previous year. Despite the gains, the company has not declared any dividends.
- Revenue increased to $17.63 million, up 13%
- Profit after tax doubled to $861,293
- Net tangible assets per share rose from 1.7 to 2.2 cents
- No dividends declared or paid during the period
- Financial report reviewed without qualification by RSM Australia Partners
Strong Revenue Growth and Profit Surge
Kinatico Limited has delivered a robust financial performance for the half-year ended 31 December 2025, posting a 13% increase in revenue to $17.63 million. More notably, the company’s profit after tax more than doubled to $861,293, reflecting a 107% rise compared to the same period last year. This significant profit growth signals improved operational efficiency or favourable market conditions within the mining exploration and development sector.
Balance Sheet and Shareholder Returns
The company’s net tangible assets per share increased from 1.7 cents to 2.2 cents, indicating a strengthening balance sheet. However, Kinatico has maintained a conservative approach by not declaring or paying any dividends during the period, consistent with the prior half-year. This suggests that the company may be prioritising reinvestment or preserving cash amid ongoing exploration and development activities.
Governance and Audit Assurance
The financial report underwent a review by RSM Australia Partners and was approved by Kinatico’s Board of Directors without any qualifications or disputes. This clean audit review provides investors with confidence in the accuracy and reliability of the reported figures. The company also confirmed no changes in control over entities or joint ventures during the period.
Looking Ahead
While the half-year results highlight positive momentum, Kinatico has not provided forward guidance or commentary on the drivers behind the improved profitability. Investors will be keen to understand whether this performance is sustainable and how the company plans to capitalise on its strengthened financial position. The absence of dividends may also prompt questions about future shareholder returns.
Bottom Line?
Kinatico’s strong half-year results set a promising stage, but investors await clarity on growth drivers and dividend plans.
Questions in the middle?
- What factors contributed most to the doubling of profit after tax?
- Will Kinatico initiate dividend payments given its improved financial position?
- How does the company plan to sustain or accelerate growth in the second half of FY26?