Magontec lifts gross profit and net assets despite ongoing losses

An announcement from Magontec Limited ( (AU:MGL) ) is now available.

Magontec reported a 10.8% rise in full-year 2025 gross profit to $11.9 million, driven largely by stronger performance in its anodes segment and improved gross margin to 18.5%. However, the company remained loss-making at the bottom line, with underlying NPAT from continuing operations at a $4.48 million loss and underlying operating cash flow showing a $2.2 million outflow.

A key balance sheet development was the buyback and cancellation of QSLM’s 28.5% shareholding, which helped lift net assets by 30.7% to 82 cents per share and left Magontec with modest net debt of $1.0 million and a low 2.2% gearing ratio. Trading conditions improved in the second half of 2025 on rising metal volumes and the release of an upgraded electronic CCP product, signalling operational momentum despite ongoing earnings and cash flow challenges.

The most recent analyst rating on (AU:MGL) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Magontec Limited stock, see the AU:MGL Stock Forecast page.

More about Magontec Limited

Magontec Limited is an ASX-listed global manufacturer of specialist magnesium products and electronic anodes. The group operates across anodes and metals segments, supplying corrosion protection and magnesium-based solutions to industrial customers, with its performance closely tied to metal volumes and demand for electronic corrosion control products.

Average Trading Volume: 22,889

Technical Sentiment Signal: Sell

Current Market Cap: A$11.68M

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