Tamawood (TWD) H1 2025 earnings summary

Executive summary

• Net profit after tax for H1 FY25 was $3.333 million, up 4.5% year-over-year despite industry challenges and adverse weather events.

• Operations remained debt free, profitable, and continued consistent dividend payments.

• Board is leveraging AI and automation to enhance quality assurance and sales capacity.

• No significant changes in principal activities or state of affairs during the period.

Financial highlights

• Revenue for H1 FY25 was $48.47 million, up from $44.24 million in H1 FY24.

• Net profit after tax increased to $3.333 million from $3.189 million year-over-year.

• Basic and diluted EPS were 8.84 cents, compared to 8.96 cents in the prior year.

• Operating cash flow was $1.97 million, down from $3.89 million in H1 FY24.

• Interim dividend of 9 cents per share (franked at 30%) paid, compared to 16 cents (unfranked) last year.

Outlook and guidance

• Interim dividend expected to be maintained at last year's level, with final decision at end of March.

• Board warns of potential increase in homelessness and decline in home construction in SEQ without urgent government action.