Civmec achieves record order book despite FY25 revenue and profit dip

Civmec Limited reported full-year revenue of A$810.6 million for FY25, with a net profit after tax (NPAT) of A$42.5 million. This reflects a 21.6% decrease in revenue and a 34.0% decrease in NPAT compared to FY24. Despite this, the company maintained an EBITDA margin of 11.3% and a net profit margin of 5.2%, alongside a strong cash position of A$102.9 million. Earnings per share for FY25 stood at 8.4 cents, with a net asset value per share of 104.4 cents.

A final dividend of A$0.035 per ordinary share was declared, bringing total dividends for FY25 to A$0.06. This dividend, fully franked for Australian tax residents, is payable on 24 October 2025. The company's order book reached a record A$1.25 billion as of 31 July 2025, driven by successful tender conversions and key project advancements in sectors including energy, resources, and infrastructure.

A significant development was the completion of the acquisition of Luerssen Australia Pty Ltd on 1 July 2025, which will be renamed Civmec Defence Industries Pty Ltd. This acquisition strengthens the company's capabilities in the defense sector and the SEA1180 Offshore Patrol Vessel program. Additionally, the company underwent an organizational restructure on 4 September 2024, shifting its domicile from Singapore to Australia.