Mastermyne Group Limited · ASX:MYE
Mastermyne — FY2026 Earnings Presentation
18 slides from Mastermyne's earnings presentation, Aug 26, 2026
Slide 1: FY26 Results Presentation
Australia’s leading underground coal mining solutions partner FY26 RESULTS PRESENTATION 26 AUGUST 2026 MASTERMYNE GROUP LIMITED
Slide 2: FY26 Highlights
FY26 Highlights Higher activity levels across key labour solutions and strata consolidation drive strong results CONTRACT MOMENTUM REVENUE UNDERLYING EBITDA UNDERLYING NPBT Glencore, Yancoal and Anglo American $237.7m $20.3m $15.7m extensions and awards reinforce orderbook. New Dendrobium mining +13
Slide 3: Business Overview
Business Overview Mastermyne is a specialist provider of underground coal mining solutions Who we are Industry leaders Mastermyne Operating through the Mastermyne [Brief explanation of Offices & Facilities High technical capability combined with a A. Mackay and Wilson Mining brands, reputation as ex
Slide 4: Market-Leading Solutions
Market-Leading Solutions Integrated cross-sell business model Mining Services Strata Consolidation Products • Provides project management, • Enables clients to minimise • Specialist products and materials, technical expertise, experienced longwall production downtime including fabricated steel doors
Slide 5: Profit & Loss
Profit & Loss Revenue and earnings growth from continuing operations exceed upper end of guidance $ Millions FY26 FY25 Change (%) Revenue up 13% and EBITDA up 47% Revenue 237.7 210.2 13% above upper end of FY26 guidance ranges provided at 1H FY26 results of $230m and $18.0m respectively Underlying E
Slide 6: Financial Performance
Financial Performance Revenue ($m) Underlying EBITDA ($m) +13% +47% 210.2 237.7 20.3 13.8 FY25 FY26 FY25 FY26 Underlying Net Profit before Tax ($m) Underlying Net Profit after Tax ($m) +148% +186% 15.7 11.0 6.3 3.9 FY25 FY26 FY25 FY26 INVESTOR PRESENTATION | MASTERMYNE 6
Slide 7: Cash flow
Cash flow Strong cash conversion $ Millions FY26 FY25 Change % Net Cashflow from operating activities 23.4 18.7 25% Operating cash flow of $20.3m up 20% on pcp Net Finance Income / (Expense) 0.4 (0.2) 363% Income Tax Paid (3.5) (1.6) 119% Ending cash at $47.2m Net Operating Cash Flow 20.3 16.9 20% u
Slide 8: Balance sheet summary
Balance sheet summary Balance sheet strength supporting growth agenda $ Millions JUN-26 JUN-25 Cash 47.2 30.4 Strong balance sheet with minimal debt and net cash of $46.5m up 60% ($29.1m pcp) Receivables 39.7 32.5 Inventory 8.5 10.6 Total assets up $17.0m to $124.5m Property, plant and equipment 10.
Slide 9: Safety, People and Sustainability
Safety, People and Sustainability Continuing focus on elevating safety performance through targeted, visible leadership Safety • Safety metrics much improved over past 3 years. • ‘Elevating Safety Performance' priority project focused on improved systems, leadership training and positive safety beha
Slide 10: Mastermyne’s Project Portfolio
Mastermyne’s Project Portfolio Diversified client project portfolio and longstanding relationships with blue-chip mine owners CLIENT RELATIONSHIP SINCE MINE PROJECT(S) STATE ACTIVITY & CONTRACT EXPIRY ¹ COAL TYPE Aquila, Moranbah Mining Services (2027); Strata 2002 QLD Metallurgical North, Grosvenor
Slide 11: Order Book and Pipeline
Order Book and Pipeline Strong FY27 revenue visibility Order book of $432m¹ including contract extension options of $178m Order Book Pipeline @ 30 Jun 26 @ 30 Jun 26 Strategically targeted pipeline of ~$1.5bn identified opportunities aligned with core capabilities ~$823m of pipeline considered near-
Slide 12: Strategic Direction
Strategic Direction Pursuing a disciplined strategy of growth and diversification Continuing to expand work scope and product offerings with current clients, whilst also pursuing opportunities for expansion into adjacent activities with strong strategic fit and returns Organic Growth M&A Growth Winn
Slide 13: Outlook
Outlook Momentum built through FY26 set to continue into FY27 CONTINUED GROWTH IS UNDERPINNED BY: Expanded order Activity levels Long-term secure Supportive Balance sheet book and pipeline, ramping up at arrangements for industry conditions: strength, with with significant near- several Australian t
Slide 14: Market Profile
Market Profile ASX Data Share Price – 12 months to 24 Aug 26 ASX Code MYE $0.70 $0.60 Share Price (24 08 2026) $0.58 $0.50 Shares on issue 308.8m $0.40 Market Capitalisation (24 08 2026) $179.1m $0.30 $0.20 Net cash (30 06 2026) $46.5m $0.10 Enterprise Value $132.6m $0.00 Shareholders Board & Manage
Slide 15: Appendices
mate am Appendices
Slide 16: Reconciliation of underlying earnings to statutory financials
Reconciliation of underlying earnings to statutory financials FY26 FY25 Non-recurring expenses Non-recurring expenses Statutory Legal Penalty Impairment Inventory M&A related Underlying Statutory Impairment Inventory Underlying Legal costs $ million Results & costs of Equipment provision costs Resul
Slide 17: Disclaimer
Disclaimer The following disclaimer applies to this presentation and any information provided regarding the account any investment objectives or legal, accounting, regulatory, taxation or financial situation or information contained in this presentation (the Information). You are advised to read thi
Slide 18: Further Information
Further Information Jeff Whiteman Managing Director and CEO +61 7 4963 0400 Ben Larsen Investor and Media Relations benl@nwrcommunications.com.au +61 439 789 842 MASTERMYNE GROUP LIMITED