SPC Global completes $100M equity raise

• SPC Global announced it remains on track to achieve approximately 25% normalised EBITDA growth for the 2026 financial year.
• Following the market update, the company's share price was up at $0.099.
• The business is executing a restructuring plan to reduce financial risk and lower its net leverage below 2.0 times EBITDA.

SPC Global (ASX:SPG) announced that its normalised EBITDA remains on track to achieve approximately 25% growth compared to the previous year following a recent $100 million equity raise.

The projected growth is measured against a financial year 2025 normalised EBITDA of $30.3 million.

The company stated that the consolidation of its operations, including the closure of its Mill Park facility, is expected to deliver approximately $8 million in EBITDA during the 2027 financial year.

Furthermore, the business reduced its net leverage from around 4.0 times EBITDA to below 2.0 times at the end of the 2026 financial year.

Following the announcement, the SPC Global share price was up at $0.099.

The group also reported that its domestic beverage net sales revenue increased by 11.7% during the fourth quarter.

The company expanded its footprint by implementing new product distribution plans across South Korea, Japan and Singapore.