EVZ Limited (ASX:EVZ) reported revenue of $123.1 million for FY2026, up 14%, and declared a fully franked dividend of 1.05 cents per share — its first dividend since 2010 — as Chairman Graham Burns and CEO Scott Farthing addressed shareholders at the company's Annual General Meeting on 13 November 2026.

Key Points

  • FY2026 revenue rose 14% to $123.1 million, EBITDA increased 71% to $9.1 million, and net profit after tax reached $3.9 million, up 213%
  • Earnings per share increased from 1.02 cents to 3.18 cents
  • The company declared a fully franked dividend of 1.05 cents per share, its first dividend since 2010
  • Cash on hand at year end was $18.3 million, up 72%, with net assets of $38.1 million and no term debt
  • EVZ enters FY2027 with an order book exceeding $80 million

FY2026 Financial Results

According to the filing, EVZ recorded net operating cash inflows of $12.1 million for FY2026 and closed the year with $18.3 million in cash. Net assets were $38.1 million with no term debt. EBITDA rose 71% to $9.1 million and net profit after tax was $3,865,834, up 213%. Earnings per share moved from 1.02 cents to 3.18 cents. The Board declared a fully franked dividend of 1.05 cents per share, described in the filing as EVZ's first dividend since 2010. Profit before tax was disclosed as up 216% for the period.

Building Products Division Performance

The Building Products division comprises Syfon Systems Australia, Syfon Systems Asia, and Tank Industries, with operations spanning all Australian states as well as Malaysia, Vietnam, and Indonesia. The filing states that Syfon Systems holds a substantial contracted order book and a healthy project pipeline, while Syfon Systems Asia continues to build its regional presence. Tank Industries grew revenue strongly, including work for data centre developments. The filing notes that margins moderated as the company invested in fabrication capability and capacity. Revenue growth in the division is described as strong throughout the financial year and projected to continue in FY2027.

Energy and Resources Division and Fuel Security Opportunity

The Energy and Resources division comprises Brockman Engineering and TSF Power, delivering technical services across the energy, water, mining, and natural resources sectors. The filing references the Australian Government's May 2026 Fuel Security and Resilience Package, which lifts minimum stockholding obligations toward approximately 50 days of diesel and jet fuel cover and establishes a new government-owned strategic reserve of approximately one billion litres, backed by a $7.5 billion facility. Brockman Engineering, which has a multi-state footprint across Victoria, New South Wales, and Western Australia, is described as already active in this area, most recently through the Hastings Terminal Expansion. TSF Power continues to add long-term service agreements across Australia and New Zealand.