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Tasmea Ltd.
(Sydney:TEA)
Tasmea Ltd. (TEA) vs. iShares MSCI Australia ETF (EWA)
Tasmea Ltd. Business Overview & Revenue Model
Tasmea Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 701.76M | 547.91M | 400.00M | 319.98M | 244.81M | 170.63M |
| Gross Profit | 173.67M | 159.80M | 114.01M | 82.38M | 52.21M | 40.28M |
| EBITDA | 86.62M | 78.21M | 55.46M | 39.01M | 27.73M | 20.33M |
| Net Income | 47.56M | 53.07M | 30.35M | 19.47M | 13.63M | 9.78M |
Balance Sheet | ||||||
| Total Assets | 673.70M | 493.56M | 290.87M | 191.77M | 175.25M | 144.21M |
| Cash, Cash Equivalents and Short-Term Investments | 64.95M | 20.31M | 25.13M | 17.01M | 22.67M | 11.40M |
| Total Debt | 178.42M | 140.32M | 65.67M | 57.46M | 53.80M | 46.73M |
| Total Liabilities | 408.10M | 308.19M | 159.51M | 117.91M | 116.38M | 94.73M |
| Stockholders Equity | 265.60M | 185.37M | 131.23M | 73.71M | 58.87M | 49.48M |
Cash Flow | ||||||
| Free Cash Flow | 50.93M | 31.53M | 20.82M | -11.01M | -3.70M | 15.51K |
| Operating Cash Flow | 68.91M | 46.49M | 43.00M | 18.45K | 22.10K | 16.23K |
| Investing Cash Flow | -43.88M | -77.16M | -54.83M | -15.63M | -7.40M | -1.34K |
| Financing Cash Flow | 13.51M | 25.86M | 19.95M | -8.49M | -3.43M | -9.26K |
Tasmea Ltd. Technical Analysis
Tasmea Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$1.35B | 28.73 | 25.18% | 0.57% | 36.30% | 82.20% | |
71 Outperform | AU$921.27M | 17.89 | 33.52% | 5.44% | 36.98% | 67.41% | |
68 Neutral | AU$855.74M | 28.52 | 50.61% | 5.24% | 12.96% | 8.19% | |
66 Neutral | AU$1.79B | 31.42 | 13.62% | 1.85% | 23.76% | 21.18% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
Tasmea Ltd. Corporate Events
Tasmea Ltd. has declared a dividend of AUD 0.06 per ordinary fully paid share, relating to the six‑month period ended 31 December 2025, with an ex‑dividend date of 11 March 2026 and a record date of 12 March 2026. The payment is scheduled for 10 April 2026, and the timetable underscores the company’s ongoing commitment to returning cash to shareholders on a structured semi‑annual basis, providing income visibility for investors and reinforcing confidence in its financial position.
The most recent analyst rating on (AU:TEA) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
Tasmea Limited reported strong first-half 2026 results, with underlying EBIT rising to $44.3 million and margin expanding to 13.7%, driven by organic growth and contributions from its electrical, civil, and water and fluid businesses. The company highlighted that over 100 master service agreements are now in place, supporting a resilient, maintenance-led recurring revenue base.
Management said underlying organic EBIT grew 12% year-on-year excluding recent acquisitions, while cash generation remained robust with 130% operating cash conversion and a 261% increase in underlying free cash flow to $26.5 million, excluding WorkPac. Tasmea maintained its FY26 guidance, citing record contracted and tendered revenues exceeding $340 million for the second half and ongoing programmatic acquisitions and WorkPac synergies to support growth into FY27.
The most recent analyst rating on (AU:TEA) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
Tasmea Limited reported a strong top-line performance for the half year to 31 December 2025, with revenue rising 62.4% to $400.5 million and gross margin increasing 31.4% to $98.7 million, while EBITDA and underlying EBIT also advanced, reflecting robust operational momentum. Despite higher depreciation, finance costs and a sharp rise in tax expense that reduced statutory net profit after tax by 20%, underlying NPAT climbed 32.2% to $26.6 million and net debt fell to $67.8 million, underscoring improved cash generation and a strengthening balance sheet for stakeholders.
The most recent analyst rating on (AU:TEA) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
Tasmea Limited reported a 62.4% jump in revenue to $400.5 million for the half-year to 31 December 2025, with underlying net profit after tax rising 32.2% to $26.6 million, supported by stronger EBITDA and nearly doubled operating cash flow. Statutory net profit fell about 20% due to specific items such as derivative movements and non-recurring costs, but the board maintained capital returns with a fully franked interim dividend of 6.0 cents per share and continued its dividend reinvestment plan despite negative net tangible assets per share remaining broadly unchanged.
Management highlighted a reconciliation between statutory and underlying earnings, with adjustments for derivative fair value movements, share-based payments, acquisition-related expenses and amortisation of acquired intangibles. These adjustments underpin a materially higher underlying EBIT and NPAT, indicating improved core operating performance even as accounting and one-off factors weighed on the headline statutory result, a nuance likely to be closely watched by shareholders assessing sustainability of growth and dividends.
The most recent analyst rating on (AU:TEA) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
Tasmea Limited will release its first-half FY26 financial results on 24 February 2026, with Managing Director Stephen Young and Executive Director Mark Vartuli hosting a 45-minute conference call and webcast that morning to discuss the performance. A recording of the webcast will be made available on the company’s website shortly after the event, providing investors and other stakeholders with accessible insight into Tasmea’s operational and financial progress during the period.
The most recent analyst rating on (AU:TEA) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
Tasmea Limited has applied to the ASX for quotation of 5,006 new fully paid ordinary shares issued on 6 January 2026 under its Bonus Share Plan, a short-term incentive scheme for several senior employees that was approved by shareholders at the company’s 2024 annual general meeting. The modest equity issuance reflects the company’s ongoing use of share-based remuneration to align senior staff incentives with shareholder interests, signalling continued reliance on equity participation as part of its compensation and retention strategy without materially altering its capital structure.
The most recent analyst rating on (AU:TEA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
Tasmea Limited presented at the Taylor Collison Electrical/Defence Conference in Adelaide, highlighting its role in providing specialized maintenance and labour hire services to essential industry sectors. This presentation underscores Tasmea’s strategic positioning in the market, reinforcing its commitment to supporting blue-chip asset owners across multiple industries, which could enhance its operational footprint and stakeholder value.
The most recent analyst rating on (AU:TEA) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
Tasmea Ltd. has completed the acquisition of WorkPac Group Pty Ltd, a move expected to bolster its capabilities in recruiting skilled labor rapidly and at scale, addressing the growing demand in sectors like mining, infrastructure, and defense. This acquisition is structured to be capital light and value accretive, with WorkPac operating as an independent segment, promising significant revenue and cost synergies. The acquisition is anticipated to enhance Tasmea’s operational efficiency and expand its market reach, providing a competitive edge in meeting large-scale labor requirements.
The most recent analyst rating on (AU:TEA) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
Tasmea Ltd. has issued 5,000,000 fully paid ordinary shares as part of its acquisition of WorkPac Group Pty Ltd. This move is aimed at enhancing its market position and is executed without disclosure to investors under specific provisions of the Corporations Act, ensuring eligibility for secondary trading without further disclosure.
The most recent analyst rating on (AU:TEA) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
Tasmea Ltd. has announced the issuance of 5,000,000 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code TEA. This move is part of a previously announced transaction and could potentially enhance the company’s market presence and liquidity, impacting stakeholders by increasing the available shares for trading.
The most recent analyst rating on (AU:TEA) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.