Mirrabooka Investments Ltd · ASX:MIR
Mirrabooka Investments — FY2026 Earnings Presentation
24 slides from Mirrabooka Investments's earnings presentation, Jul 30, 2026
Slide 1: ASX Webcast Presentation Announcement
30 July 2026 The Manager ASX Market Announcements ASX Limited Level 27, 39 Martin Place, Sydney NSW 2000 For personal use only Electronic Lodgement Mirrabooka Investments Limited Webcast Presentation Please find attached the presentation to be given at the Shareholder Webcast being held today, Thurs
Slide 2: Full Year Results July 2026
For personal use only Full Year Results July 2026
Slide 3: Disclaimer
Disclaimer For personal use only Mirrabooka Investments Limited and Australian Investment Company Services Limited (AFSL: 303209), its related entities and each of their respective directors, officers and agents (together the Disclosers) have prepared the information contained in these materials in
Slide 4: Agenda
Agenda For personal use only Introduction and Welcome Alison Gibson Our Purpose and Approach Kieran Kennedy Results Summary for Financial Year 2026 Andrew Porter Portfolio Performance Kieran Kennedy Mirrabooka Portfolio Stuart Low Market Observations Kieran Kennedy Outlook Kieran Kennedy Full Year R
Slide 5: Our Purpose and Approach
For personal use only Our Purpose and Approach Full Year Results – July 2026
Slide 6: Our Investment Approach
Our Investment Approach For personal use only Full Year Results – July 2026 5
Slide 7: Strategy has Delivered Outperformance Over the Long-term
Strategy has Delivered Outperformance Over the Long-term For personal use only Full Year Results – July 2026 6
Slide 8: Results Summary for Financial Year 2026
For personal use only Results Summary for Financial Year 2026 Full Year Results – July 2026
Slide 9: Results Summary for Financial Year 2026
Results Summary for Financial Year 2026 For personal use only Full Year Results – July 2026 8
Slide 10: Annual Dividends Declared Since Listing
Annual Dividends Declared Since Listing For personal use only Full Year Results – July 2026 9
Slide 11: Share Price Relative to Net Tangible Assets (NTA)
Share Price Relative to Net Tangible Assets (NTA) For personal use only Discount as at 24 July 2026: -1.1%* *Based on share price and announced estimated NTA at 24 July 2026. Full Year Results – July 2026 10
Slide 12: Portfolio Performance
For personal use only Portfolio Performance Full Year Results – July 2026
Slide 13: Portfolio Performance – Per Annum Returns to June 2026
Portfolio Performance – Per Annum Returns to 30 June 2026 For personal use only Past performance is not indicative of future performance. Full Year Results – July 2026 12
Slide 14: Resources Driving the Mid and Small Cap Market
Resources Driving the Mid and Small Cap Market For personal use only Rolling 12-month Combined Mid and Small Industrials vs. Resources Above the line – Industrials outperforming Resources Below the line – Industrials underperforming Resources Full Year Results – July 2026 13
Slide 15: Key Drivers of Relative Portfolio Performance
Key Drivers of Relative Portfolio Performance For personal use only Positive Contributors Negative Contributors Companies Owned Companies Not Owned Full Year Results – July 2026 14
Slide 16: Mirrabooka Portfolio
For personal use only Mirrabooka Portfolio Full Year Results – July 2026
Slide 17: Top Holdings as at June 2026
Top 20 Holdings as at 30 June 2026 % of For personal use only % of Company Portfolio Ownership Period Company Portfolio Ownership Period 1 7.0% 9.5 yrs 11 2.4% 1.5 years 2 3.7% 20.5 yrs 12 2.3% 2 yrs 3 3.7% 10 yrs 13 2.2% 6.5 yrs 4 3.0% 15.5 yrs 14 2.2% 4 yrs 5 2.9% 2 yrs 15 2.1% 7 yrs 6 2.9% 9 yrs
Slide 18: Major Transactions in Financial Year 2026
Major Transactions in Financial Year 2026 For personal use only Net Acquisitions Net Disposals Other Material Transactions* *Stocks with material sales and then purchases. Full Year Results – July 2026 17
Slide 19: Market Observations
For personal use only Market Observations Full Year Results – July 2026
Slide 20: The Structure of Equity Markets has Changed
The Structure of Equity Markets has Changed For personal use only Increased flows to passive funds: has seen an increase in the proportion of transaction activity that is driven by the index weighting of a stock versus those transacting based on a fundamental assessment. This increases the pro cycli
Slide 21: How are we Responding to these Changes
How are we Responding to these Changes For personal use only Our fundamental investment approach remains unchanged: Remain focused on investing in quality companies. In the long term, share prices follow earnings. Higher quality businesses are better placed to navigate competition, cycles and
Slide 22: Outlook
For personal use only Outlook Full Year Results – July 2026
Slide 23: Outlook
Outlook For personal use only Near-term visibility remains limited in a market shaped by volatile macroeconomic and geopolitical conditions, and by investor behaviour that appears increasingly short-term focused, and momentum driven. We remain confident that: the LIC structure provides the ability
Slide 24: For personal use only
For personal use only
Mirrabooka Investments — FY2026 Earnings Presentation on 6ix