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Mitchell Services Posts 67% EBITDA Growth and Returns to Net Cash in FY26
8:25am on Wednesday 22nd of July, 2026 AEST
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Mining Services
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Mitchell Services Posts 67% EBITDA Growth and Returns to Net Cash in FY26
8:25am on Wednesday 22nd of July, 2026 AEST
Key Points
FY26 EBITDA jumps 67% to $42.8 million
Earnings before tax climbs to $20.8 million from $0.7 million
Operating rig count bottoms out in April 2026, then rises
Net cash position improves by 142% to $3.5 million
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Mitchell Services (ASX:MSV)
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