Earnings Calls

Last Earnings Call

Fiscal Period
Q2 2026
Call Date
Nov 19, 2025
AI Summary
Q2 2026

Record Operating Profit: AACo delivered its best-ever half year operating profit of $39.8 million, nearly double the previous period.

Strong Revenue Growth: Total revenue rose 19% year-on-year to $232.9 million, supported by higher beef prices and strategic cattle sales.

Margin Expansion: Gross margin increased by 55%, driven by higher average sales prices and stable costs.

Free Cash Flow Turnaround: Core free cash flow improved by $19.5 million, reaching $7.7 million for the half.

Cost Discipline: Cost of production remained flat or slightly down, despite inflationary pressures and a shift to higher-value Wagyu.

Strategic Investments: Continued investment in herd genetics, production capacity, and sustainability projects, including carbon initiatives.

Positive Market Outlook: Management is optimistic about continued global beef demand, with favorable developments such as U.S. tariff removals.

No Dividend: No dividend declared or paid; focus remains on reinvesting in the business.

Key Financials
Total Revenue
$232.9 million
Operating Profit
$39.8 million
Gross Margin
$76.4 million
Core Free Cash Flow
$7.7 million
Statutory Net Profit After Tax
$82.2 million
Average Beef Sales Price per Kilogram
$18.62
Earnings Call Recording

Other Earnings Calls

2026
2023