The Mayfield Group Holdings Ltd (ASX: MYG) share price is up 18% to $2.47 on Thursday after the company reported a 43% lift in revenue to $169.0 million and an 18.9% rise in full-year statutory net profit after tax (NPAT) to $8.0 million.
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What did Mayfield Group Holdings report?
- Revenue: up 43% to $169.0 million
- Statutory NPAT: up 18.9% to $8.0 million
- Underlying NPAT: up 50% to $10.9 million
- Underlying EBITDA: up 54% to $18.5 million (margin: 10.9%)
- Final fully franked dividend: 2.4 cents per share declared (total FY26 dividends: 4.4 cents)
- Operating cash flow: $5.0 million, with year-end cash at $21.8 million
What else do investors need to know?
Mayfield delivered record financial results, driven by ongoing demand across data centre, mining and utilities sectors, as well as the acquisitions of BE Switchcraft and SMEC Power & Technology. These deals broadened Mayfield's manufacturing capabilities and market reach, with the new businesses contributing to group revenue and profit since completion.
The company completed a $33.5 million capital raising to help fund acquisitions and support future growth. Net tangible assets increased to 48.84 cents per share, and management says the group remains well placed for further investment or bolt-on opportunities.
What's next for Mayfield Group Holdings?
Mayfield has declared a fully franked final dividend of 2.4 cents per share, payable in September. Looking ahead, the group expects continued growth, supported by recent acquisitions, an expanded manufacturing footprint, and ongoing investment in people and systems. Mayfield is targeting further expansion opportunities, including the recently acquired Nilsen Switchboards division (to be recognised in FY27).
Management says its balance sheet strength gives it flexibility to pursue value-adding strategic growth in key sectors.
Mayfield Group Holdings share price snapshot
The Mayfield Group Holdings share price has outperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months, surging around 70% over the period.
