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Babylon Pump & Power Recapitalises with $7.3 Million Boost After FY26 Rental Surge

8:12am on Tuesday 1st of September, 2026 AEST Industrial Services
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Babylon Pump & Power Recapitalises with $7.3 Million Boost After FY26 Rental Surge

8:12am on Tuesday 1st of September, 2026 AEST
Key Points
  • FY26 Group revenue steady at $32 million with EBITDA loss of $5.2 million
  • Rental segment revenue grows 160% to $26 million, underlying EBITDA $9.1 million
  • Maintenance segment revenue down 73%, exited post-year end
  • Post-year recapitalisation raised $7.27 million via cash and debt conversion
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