GenusPlus Posts $535M Revenue and $24.9M Profit, Up 61% and 82% Respectively
GenusPlus Group Ltd has reported a record half-year with a 61% jump in revenue to $535.4 million and an 82% rise in net profit to $24.9 million, driven by strong performance across all business segments and strategic acquisitions. The company also declared its first-ever fully franked interim dividend of 2.0 cents per share.
- 61% increase in revenue to $535.4 million
- 82% rise in net profit to $24.9 million
- Maiden fully franked interim dividend declared at 2.0 cents per share
- Capital expenditure doubled to $34.4 million supporting major infrastructure projects
- Strong order book and joint ventures in renewable energy projects
Robust Financial Performance
GenusPlus Group Ltd has delivered a standout half-year result for the six months ended 31 December 2025, posting a 61% increase in total revenue to $535.4 million, up from $332.9 million in the prior corresponding period. Net profit attributable to members surged 82% to $24.9 million, reflecting strong operational execution and integration of recent acquisitions.
The company’s normalised earnings before interest, tax, depreciation and amortisation (EBITDA) rose 69% to $46.3 million, underscoring improved margins and efficiency across its diversified business segments.
Growth Across All Segments
All three core segments, Infrastructure, Energy & Engineering, and Services, contributed to the growth. The Infrastructure segment benefited from key contract wins aligned with Australia’s energy transition, including major projects such as Transgrid’s HumeLink and Western Power’s CELN. The Energy & Engineering division expanded its footprint in battery energy storage systems (BESS) with three projects under construction and broadened its engineering capabilities through acquisitions.
The Services segment also outperformed expectations, driven by strong demand for pole inspections, maintenance, and environmental services following recent acquisitions in tree maintenance.
Strategic Investments and Capital Expenditure
Capital expenditure nearly doubled to $34.4 million, reflecting investments in equipment and fleet renewal to support the growing project pipeline. Notably, $22 million of this was acquired under finance contracts, classified as right-of-use assets. These investments position GenusPlus to meet the increasing demand for infrastructure supporting Australia’s shift to renewable energy.
Dividend and Shareholder Returns
In a milestone move, the Board declared a maiden fully franked interim dividend of 2.0 cents per share, payable on 24 April 2026. This follows a fully franked final dividend of 3.6 cents per share paid in November 2025, signalling confidence in the company’s cash flow and ongoing profitability.
Strong Order Book and Joint Ventures
GenusPlus continues to benefit from a robust order book supported by long-term contracts and a healthy tender pipeline. The company’s joint ventures with Acciona and Samsung in major renewable energy projects further enhance its market position and growth prospects. These collaborations are integral to delivering large-scale transmission and battery storage infrastructure across Australia.
The company’s net tangible assets per security remained stable at 0.49 cents, reflecting solid balance sheet management despite increased capital deployment.
Bottom Line?
With record results and strategic investments underway, GenusPlus is well positioned to capitalise on Australia’s accelerating energy infrastructure transformation.
Questions in the middle?
- How will GenusPlus manage execution risks on large-scale projects like HumeLink and CELN?
- What are the growth prospects and margins expected from the expanding battery energy storage systems segment?
- How might future acquisitions shape the company’s service offerings and market reach?
