Boom Logistics (BOL) Q1 2025 TU earnings summary

Executive summary

• Quarterly revenue reached $69m, representing a 6% increase compared to the same quarter last year.

• Strong operational performance with zero Lost Time Injuries and successful project commencements.

• Continued focus on asset regeneration and strategic growth in renewables and infrastructure sectors.

Financial highlights

• Revenue for Q1 FY25 was $69m, up 6% year-over-year.

• Net capex for the quarter totaled $7.7m, with $6.9m for maintenance/replacement and $1.7m for growth.

• Asset disposals amounted to $0.9m.

• On-market share buyback acquired approximately 5 million shares valued at $0.7m.

Outlook and guidance

• FY25 revenue guidance set at $263m.

• FY25 EBITDA guidance is $50m.

• FY25 NPAT guidance reaffirmed at $8m.

• Strong demand and tender activity expected to drive sustainable growth.