Black Cat Syndicate posts $374M full year revenue
- Black Cat Syndicate achieved a 903% revenue increase to $374 million for the 2026 financial year.
- The company reported a net profit after tax turnaround of $86 million, up from a $26 million loss in the prior year.
- Growth was driven by a 132% increase in total gold production following operational ramp-ups across key projects.
Black Cat Syndicate (ASX:BC8) recorded revenue of $374 million for the 2026 financial year after expanding gold production.
The revenue result represents a 903% increase compared to the $37 million recorded in the 2025 financial year.
Paulsens was a standout performer, fully repaying its acquisition and restart investment during the year while delivering significant exploration success at Regulus and Lynx," said Black Cat Syndicate Managing Director James Bruce.
Total gold production reached 90,833 ounces, which included 66,296 ounces of company-owned production and 24,537 ounces from third-party processing.
The company reported that operating cash flow increased to $225 million, while cash, bullion, and listed investments rose to $105 million.
Following the announcement, the Black Cat Syndicate share price was down at $1.10.
The miner achieved full processing of company-owned ore at its Lakewood facility during the fourth quarter.
Black Cat Syndicate stated that its Paulsens operation fully repaid its acquisition and restart investments during the financial year.
