Tribeca Global Natural Resources
(ASX:TGF)
announced a profit after tax of $75,942,602 for the fiscal year ending 30 June 2026, a significant increase from $5,016,143 in the previous year, and declared a fully franked dividend of $0.10 per share following its annual results release.
Key Points
- Profit after tax attributable to members surged to $75,942,602 for the year ended 30 June 2026, up from $5,016,143 the prior year, marking a rise of $70,926,459 or 1,413.96%.
- Revenue from ordinary activities reached $138,343,725 for the year ended 30 June 2026, compared to $20,226,790 in the previous year, an increase of $118,116,935 or 583.96%.
- Basic and diluted earnings per share climbed to $1.01 for the year ended 30 June 2026, versus $0.06 in the prior year.
- Net tangible assets per share excluding tax stood at $3.49 as of 30 June 2026, up from $2.09 as at 30 June 2025.
- The fully franked final dividend of $0.10 per share was declared on 28 August 2026, with a record date set for 3 September 2026.
FY 2026 Financial Performance Highlights
Tribeca Global Natural Resources reported revenue from ordinary activities of $138,343,725 for the year ended 30 June 2026, compared to $20,226,790 in the prior corresponding period. Profit from ordinary activities was $109,837,778, significantly higher than $7,049,018 recorded the previous year. Profit from ordinary activities after tax attributable to members reached $75,942,602, up from $5,016,143 for the year ended 30 June 2025. The filing highlights Precious Metals as the largest contributor to the company’s performance, with Base Metals also providing strong positive results during the period.
Dividend Announcement and Reinvestment Plan
On 28 August 2026, the company declared a fully franked final dividend of $0.10 per share, with a record date of 3 September 2026. Combined with an interim dividend of $0.05 per share, the total dividend for the full year amounts to $0.15 per share. Based on TGF’s closing share price of $2.83 on 26 August 2026, this represents a grossed-up yield of 7.6%. Additionally, a dividend reinvestment plan approved on 25 August 2025 remains available, enabling eligible shareholders to reinvest dividends to acquire additional TGF shares instead of receiving cash payouts.
Share Buyback and Net Tangible Asset Update
The company disclosed that its share buyback program, announced in August 2025, commenced in early September 2025 with 5.1 million shares repurchased at an average price of $1.97 per share. The buyback was temporarily paused amid heightened market volatility. Net tangible assets per share excluding tax increased to $3.49 as at 30 June 2026 from $2.09 as at 30 June 2025. Including tax, net tangible assets per share rose to $3.09 as at 30 June 2026, compared to $2.15 as at 30 June 2025. Tribeca Global Natural Resources’ Annual General Meeting is scheduled for 20 November 2026.
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