Key Highlights

  • GNP shares fell 5.04% to $8.48, down 0.45 on the day
  • Revenue rose 70.5 percent to a record $1.281 billion
  • Normalised EBITDA increased 49.6 percent to $100.8 million
  • Cash balance grew to $476.0 million from $160.9 million
  • FY27 EBITDA guidance set at $200 million to $205 million

GenusPlus Group Ltd (ASX:GNP) shares were trading 5.04% lower at AUD 8.48, down 0.45 on the day, as at 3:13pm AEST on 25 August 2026, despite the power and communications infrastructure provider posting record Revenue for FY26. Revenue rose 70.5 percent to $1.281 billion, while normalised EBITDA increased 49.6 percent to $100.8 million. The pullback comes even as underlying net profit after tax rose 44.5 percent to $54.9 million, suggesting investors may be reacting to guidance, integration risk, or profit-taking after a period of strong growth.

Why GenusPlus Shares Are Under Pressure Today

The decline sits against a backdrop of strong headline growth, which may point to investors focusing on the pace of FY27 guidance relative to FY26's expansion:

  • Revenue: record $1.281 billion, up 70.5 percent
  • Normalised EBITDA: $100.8 million, up 49.6 percent
  • Underlying NPAT: $54.9 million, up 44.5 percent
  • Net profit after tax: $49.0 million, up 38.5 percent
  • Basic EPS: 26.75 cents, up 35.5 percent

Cash Position and Funding

  • Cash balance: $476.0 million, up from $160.9 million
  • Net cash: $399.3 million, up from $113.5 million
  • May 2026 Equity raise contributed $195.6 million in net proceeds
  • MPK Acquisition completed 1 July 2026 with $130 million of borrowings drawn
  • Bank guarantee and surety bond limits increased to $540 million from $260 million

Dividend and Orderbook

  • Final dividend: 3.6 cents fully franked, taking full-year dividends to 5.6 cents, up 55.6 percent
  • Orderbook: $2.2 billion, excluding recurring revenue
  • Tendered pipeline: $3.6 billion
  • Recurring revenue forecast to rise to ~$764 million in FY27, including MPK, from $446 million

FY27 Guidance

GenusPlus forecast FY27 EBITDA of $200 million to $205 million, supported by its orderbook and the MPK and Railtrain acquisitions. While the guidance implies continued growth, it follows FY26's 70.5 percent revenue jump — a deceleration that may explain today's share price weakness even as the underlying Business keeps expanding.