Lark Distilling Co. Ltd. · ASX:LRK
Lark Distilling — FY26 Earnings Presentation
22 slides from Lark Distilling's earnings presentation, Aug 18, 2026
Slide 1: FY26 Results Presentation
rsonal use only Lark Distilling Co Ltd FY26 Results Presentation 18 AUGUST 2026 FY26 Results Presentation
Slide 2: Disclaimer
Disclaimer Lark Distilling Co rsonal use only The information contained in this presentation has been prepared by Lark warranty, express or implied, as to the fairness, accuracy, completeness Distilling Co. Limited (“LARK”). This presentation is not an offer, invitation, or correctness of the inform
Slide 3: rsonal use only
rsonal use only FY26 Results Presentation
Slide 4: Strong revenue momentum and balance sheet
Strong revenue momentum and balance sheet Overview – FY26 a year of support ongoing foundational growth rsonal use only growth for the future. 1 New Leadership and Growth Strategy Stuart Gregor (CEO), former CEO and co -founder of Four Pillars Gin and Paul Bowker (CFO), former CEO and co -founder of
Slide 5: The Spirit of Lark
rsonal use only The Spirit of Lark Australia’s original Award-Winning, Built for Reinvented for Momentum in single malt whisky Globally Scale the World Stage International Recognised Markets Tasmanian - based producer World’s Best Design 2.4m litre Whisky Bank Exceptional brand and Global Travel Ret
Slide 6: Australia's No.1 Luxury Single Malt Whisky
Australia’s No.1 Luxury Single Malt Whisky Cementing Lark’s Position rsonal use only The World The World Australian World Spirits Whisky Masters Whisky Masters International Competition 2026 2026 Spirits Awards San Francisco 2026 2026 Master Medal No. 294 Ember Eclipse Single Gold Medal No. 151 Fire
Slide 7: Growing market opportunity
Growing market opportunity rsonal use only US $100b+ US $2b+ Global Trends Selective Premiumisation Global whisky market retail value Australian whisky market is growing • Accessible premiumisation see consumers continuing to seek quality in 2025 to $4bn by 2035 and premium experiences, choosing few
Slide 8: Key focus areas to expand future growth
Key focus areas to expand future growth rsonal use only 1 Growth Assets 2 Consumer Connection 3 Valued Partner Relationships • Leveraging available capacity • Create purchase desire to leverage • Continued investment into high - at Pontville Distillery significant brand and new product growth, acces
Slide 9: FY26 Highlights
rsonal use only FY26 Highlights
Slide 10: FY26 Financial Highlights
FY26 Financial Highlights rsonal use only Net Sales Operating EBITDA Cash Position Non - cash Adjustments $18.0m 1 ($4.5m) $14.3m ($36.2m) (FY25: $15.6m) (FY25: ($4.2m)) (30 June 2026) Goodwill ($20.7m) +15.1% vs. FY25 EBITDA down 7 % vs. FY25 Whisky inventories ($15.5m) Strongest growth in Export N
Slide 11: Balance Sheet Strength and Capital Flexibility
Balance Sheet Strength and Capital Flexibility rsonal use only Realigned balance sheet for future expansion Cash position No debt Capital flexibility • Strong Balance Sheet & Cash Position to support growth ambitions to achieve strategic milestones • Inventories of $49.4m following FY26 writedown •
Slide 12: Positive momentum in Net sales
Positive momentum in Net sales rsonal use only Net Sales increased 15.1% over FY26 Successful launch of signature range Net Sales - Annual • The launch of the new Signature range and GTR 20 exclusive range has become the growth engine across 18 nearly every channel this year 16 International momentu
Slide 13: Domestic channels
Domestic channels Two channels driving domestic growth: Direct -to- consumer and Business -to- business distribution rsonal use only $13.9m Sales managed directly by Lark via Ecommerce and Lark owned hospitality venues, as well as national distribution via Spirits Platform +7.2% Direct - to- Consume
Slide 14: International channels
International channels Two channels driving growth: Export distribution and Global Travel Retail rsonal use only $4.1m Exports to distributors across Asia and Global Travel Retail via Duty Free at airports, both in Australia and international +53.7% Export (distributors across Southeast Asia and Eur
Slide 15: FY27 Growth Priorities
rsonal use only FY27 Growth Priorities
Slide 16: FY27 Priorities to Create Shareholder Value
FY27 Priorities to Create Shareholder Value rsonal use only 1 Increasing distribution points Growing the number of outlets where Lark products are available 2 Increasing rate of sales in each distribution point Through a combination of product innovation and targeted marketing spend 3 Domestic focus
Slide 17: rsonal use only
rsonal use only Approved for release by the Board of Directors. For more information contact: Lark Investor Relations David Allen or John Granger Hawkesbury Partners Tel: +61 499 100 038 or +61 410 577 155 Email: investors@larkdistilling.com
Slide 18: Appendices & Financial Commentary
rsonal use only Appendices & Financial Commentary
Slide 19: Profit & Loss Highlights
Profit & Loss Highlights FY26 FINANCIAL RESULTS rsonal use only A$'000 FY26 FY25 vs LY $ vs LY % • Net Sales were $18.0m, up 15% or $2.4m versus FY25. Growth was across all core channels supported by the launch of the new range Gross Sales 19,701 17,169 2,532 14.7% • Normalised Gross Profit increase
Slide 20: Balance Sheet Highlights
Balance Sheet Highlights rsonal use only A$'000 Jun - 26 Jun - 25 vs LY $ • Cash down $8.8m, reflecting investment in operations and strategic initiatives during the Cash and cash equivalents 14,313 23,107 (8,794) year Trade and other receivables 3,676 628 3,048 • Trade receivables up $3.0m on the t
Slide 21: Cashflow Highlights
Cashflow Highlights rsonal use only A$'000 FY26 FY25 vs LY $ • The Group maintained a strong cash position, closing the year with $14.3 million in cash Cash flows from operating activities and no debt. Receipts from customers 18,148 19,394 (1,246) • Net operating cash outflow of $5.8 million (FY25:
Slide 22: Australia's No.1 Luxury Single Malt Whisky
Australia’s No.1 rsonal use only Luxury Single Malt Whisky