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How Babylon’s Rental Boom Masks a $7.16M Loss in H1 FY26
8:20am on Thursday 26th of February, 2026 AEDT
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Industrial Goods & Services
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How Babylon’s Rental Boom Masks a $7.16M Loss in H1 FY26
8:20am on Thursday 26th of February, 2026 AEDT
Key Points
H1 FY26 loss of $7.16 million driven by acquisition costs and impairment
Underlying EBITDA steady at $3 million, boosted by rental segment growth
Rental revenue up 212% following Matrix Hydro Services and Blue Hire acquisitions
Maintenance segment revenue down 74% amid coal sector slowdown
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BABYLON PUMP & POWER (ASX:BPP)
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