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AJ Lucas Group ( (AU:AJL) ) has shared an update.
AJ Lucas Group reported a stronger quarterly performance for the period ended 31 December 2025, with Australian operations EBITDA rising 29% to $6.2 million for the quarter and 38% to $14.1 million for the half year, despite lower revenue caused by suspended mining operations at two major client sites and subdued rig demand in Queensland coal mines. Group EBITDA improved to $5.9 million for the quarter and $38.5 million for the half year, the latter boosted by a $25.9 million UK settlement, while the company also reduced its related party loan by $22.3 million through a $12 million payment securing discounted interest rates, and continued to advance conventional gas projects in the UK unaffected by the fracking moratorium, indicating a focus on strengthening its balance sheet and repositioning its energy portfolio.
The most recent analyst rating on (AU:AJL) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on AJ Lucas Group stock, see the AU:AJL Stock Forecast page.
More about AJ Lucas Group
AJ Lucas Group Limited is an Australian company operating drilling and related services, with core activities including mining services and gas exploration, particularly in steelmaking coal mines domestically and onshore gas licences in the UK. The group’s UK portfolio currently focuses on conventional gas opportunities, as development of unconventional resources such as hydraulic fracturing remains suspended under an ongoing moratorium.
YTD Price Performance: -9.09%
Average Trading Volume: 503,647
Technical Sentiment Signal: Sell
Current Market Cap: A$13.76M
Find detailed analytics on AJL stock on TipRanks’ Stock Analysis page.