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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 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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