EVZ Limited Forecasts FY26 Revenue of $120-125M with EBITDA Near $9M

Stronger Margins Drive Upward Earnings Guidance

EVZ Limited (ASX:EVZ) has lifted its full year earnings guidance for FY2026, expecting revenue between $120 million and $125 million and EBITDA ranging from $8.5 million to $9 million. This marks a notable increase on the prior year’s $108 million revenue and $5.3 million EBITDA, signalling a material improvement in profit margins.

The company’s first half of FY26 already delivered $63 million in revenue and $4.4 million in EBITDA, setting a solid platform for the remainder of the year. Operational efficiencies implemented across EVZ’s group of businesses, including Brockman Engineering and Syfon Systems, underpin this margin expansion and improved profitability.

Building on Momentum from Recent Financial Performance

EVZ’s upgraded guidance follows a series of strong financial updates this year. The company reported a 16.5% revenue increase and a 191% jump in net profit after tax in H1 FY26, driven by disciplined cash management and margin improvements. This momentum was supported by a record cash balance and an $80 million contract backlog reported in Q2, highlighting robust demand across its Energy & Resources and Building Products sectors.

Further financial flexibility was secured through a $15.5 million banking facility upgrade with HSBC, replacing Commonwealth Bank and enhancing EVZ’s capacity to support growth initiatives. These developments collectively position EVZ to capitalise on its diversified industrial platform during FY26 and beyond.

Outlook Hinges on Operational Execution and Final Results

The guidance is based on preliminary unaudited financials and forecasts, with the final audited results due in late August 2026. While the forecast points to sustained margin improvement, the full year outcome will depend on the successful completion of current projects and continued operational discipline.

Investors will be watching how EVZ balances its growth ambitions with maintaining profitability, especially given the company’s active pursuit of strategic acquisitions and expansion opportunities in Asia. The coming months will be critical in confirming whether the positive earnings trajectory can be sustained in a competitive market environment.

EVZ’s CEO Scott Farthing emphasised the benefits of the operational changes, noting the company’s multidisciplined capabilities create value across its subsidiaries and client base in energy, mining, infrastructure, and construction sectors.

With the final FY26 results expected in August, the market will gain clearer insight into how EVZ’s strategic initiatives translate into financial outcomes amid evolving sector dynamics.