SSH Group Lifts Half-Year Revenue 25% as Gold Mining Push Accelerates

The latest announcement is out from SSH Group Ltd. ( (AU:SSH) ).

SSH Group Ltd reported a strong first half for FY26, with revenue rising 25% year-on-year to $24.1 million, EBITDA reaching $3.9 million and an EBITDA CAGR of about 70% since H1 FY23, supported by improved fleet and workforce utilisation. The company ended the period with $6.65 million in cash, net assets of $13.6 million and a $3.1 million reduction in hire purchase debt, reflecting disciplined capital management. Operationally, SSH accelerated its shift toward mining, advancing several gold projects toward near-term production through drilling, technical studies and early works, including high-grade RC drilling at Wagtail that confirmed strong continuity and coarse-gold mineralisation. The half also saw a $2.53 million strategic placement to Xinhai Mining Services, forming an alliance that enhances SSH’s access to global mining and processing expertise, and the appointment of mining industry veteran Kevin Malaxos as a non-executive director, collectively strengthening its financial footing, project pipeline and industry positioning as it enters the second half of FY26.

The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.

More about SSH Group Ltd.

SSH Group Ltd is an Australian-listed company transitioning into a mine development and operating platform, with a strategic focus on gold mining and mine development under its Hire | Mine | Own strategy. The group provides integrated mining services spanning drilling, technical studies, early works and project development, positioning itself as both an operator and long-term development partner across its gold project portfolio.

Average Trading Volume: 97,152

Technical Sentiment Signal: Buy

Current Market Cap: A$19.62M

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