Image source: Shutterstock
Highlights
- Tasmea’s revenue grew by 27.6% YoY, reaching AUD 246.65 million in 1HFY25.
- NPAT surged by 76.6% YoY in 1HFY25, hitting AUD 27.87 million.
- In past nine months, TEA’s share price has increased by nearly 63%.
Tasmea Limited (ASX:TEA) is an ASX-listed company that offers maintenance, engineering, and project services. The company has reported 27.6% year-on-year surge in revenue to AUD 246.65 million in the six-month period ended 31 December 2024 (1HFY25), compared to AUD 193.32 million in 1HFY24. This growth was driven by performances of key sectors, including mining, resources, energy, and infrastructure.
Tasmea’s EBITDA recorded a 36.6% YoY increase, rising to AUD 42.39 million in 1HFY25 from AUD 31.04 million in the previous period. Meanwhile, net profit after tax (NPAT) saw a significant jump of 76.6% YoY, reaching AUD 27.87 million, up from AUD 15.78 million in 1HFY24.
During 1HFY25, the company’s net margin increased to 11.3%, up from 8.1% in 1HFY24, and a return on equity of 18.6%, significantly outperforming the industry median of 4.3%. However, the asset turnover ratio declined to 0.73x from 0.86x in the previous period and a lower quick ratio of 1.03x compared to the industry median of 1.12x.
ASX Index Inclusion
In a significant development, the company announced on 7 March 2025, that it would be included in the ASX All Ordinaries index, effective 24 March 2025.
Outlook for FY25
Looking ahead, Tasmea has revised its statutory NPAT guidance for FY25 upward to AUD 52 million from its previous forecast of AUD 48 million. The company anticipates sustained growth in the second half of the financial year (2HFY25). Additionally, the outlook for key commodities such as iron ore, copper, and gold remains positive, with major producers focusing on maintaining or increasing their production levels.
Share performance of TEA
TEA shares closed 0.79% lower at AUD 2.52 per share on 10 March 2025. Over the last nine months, TEA’s share price has increased by nearly 62.58% and in a month, it has dropped by 24.10%.
52-week high of TEA is AUD 3.47, recorded on 18 February 2025 and 52-week is AUD 1.42, recorded on 28 May 2024.
Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.
Note 2: The reference date for all price data, and currency, is 10 March 2025. The reference data in this report has been partly sourced from EODHD/Others.
Technical Indicators Defined:
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.






Please wait processing your request...