GenusPlus hits record H1 profit with 82% NPAT surge
GenusPlus Group (ASX:GNP), a provider of national essential power and communications infrastructure, has delivered a standout financial performance for the first half of the 2026 fiscal year.
The company reported record-breaking figures across all key financial metrics, driven by a robust demand for infrastructure services.
The group’s revenue went up to $535.4 million, representing an 61% increase compared to the $332.9 million recorded in the prior corresponding period.
Profitability followed a similar upward trajectory; Normalised EBITDA rose 69% to $46.3 million, while net profit after tax saw an 82% jump, reaching $24.9 million.
The gains translated into a basic earnings per share of 13.8 cents, an 80% increase a year earlier.
GenusPlus declared a maiden interim dividend of 2 cents per share, payable on April 24, 2026.
Operational momentum remains high, with a record order book valued at $2.4 billion and a tendered pipeline of $2.6 billion.
Recurring revenue is forecasted to grow by 20% throughout the remainder of FY26.
The company maintains a healthy balance sheet, reporting a cash balance of $178.1 million and a net cash position of $127 million, up from $113.5 million in June 2025.
At the time of reporting, GenusPlus Group’s share price was $7.40.
