Laserbond FY26 slides: profit jumps 28% as tech licensing gains traction
Laserbond Limited (ASX:LBL) reported a 28% increase in profit for FY26, reaching $4.9 million, while revenue grew by 10.8% to $48.2 million, outpacing revenue expansion. The company's strong performance was driven by successful technology licensing, highlighted by a modular laser cell completed for Komatsu. EBITDA increased 15.1% to $10.4 million, and earnings per share rose 27.2% to 4.17 cents.
Despite a compression in gross margins to 51%, the company's return on capital employed improved to 13.05%, indicating efficient capital utilization. Laserbond's strategic shift in working capital allocation and a debt-free balance sheet suggest financial flexibility for future growth investments.
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