Stock Analysis

• The average realised gold price was A$4,999 per ounce, producing gold salesRevenueof A$1,819 million.

• Underlying EBITA, which isEarningsbefore interest, tax andAmortisationof acquired intangibles, was $288.6 million, up 38.8 per cent.

• The company's Forward Order Book, which includes binding contracts only, stood at 565.1MW on a pro forma basis, more than three times current billing utilisation.

• reports on the result put netOperating Incomeat about $22 billion, up 5.8 per cent, supported by higher lending volumes and a better margin.

• Group grossMarginwidened by 210 basis points to 65.1%.

• Group EBITDA rose 17 per cent to $378.8 million, or 6 per cent pro forma.

• Acadia's net sales were US$125 million, up from US$101 million in the first quarter of 2026, according to Neuren's August announcements.