Also trades as: KRNGF (OTC) · $vol 0M · KRNGY (OTC) · $vol 0M

A$1.56 ($1.08)

+0.04 (+2.77%)

Weekly Expected Move ±9.8%

A$1 A$1 A$2 A$2 A$2

ASX · Energy · Oil & Gas Exploration & Production · Tech Score Sell · Power 34 · A$1.1B mcap · 693M float · 1.02% daily turnover

Revenue

$629M -19.0% ▼

5Y CAGR: +22.4%

Gross Profit

$258M -56.1% ▼

5Y CAGR: +28.8%

Operating Income

$210M -32.8% ▼

5Y CAGR: +51.6%

Net Income

$126M -1.6% ▼

5Y CAGR: +84.5%

EPS (Diluted)

$0.17 +6.2% ▲

5Y CAGR: +75.2%

EBITDA

$365M -28.0% ▼

5Y CAGR: +25.9%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$531M	$842M	$847M	$776M	$629M
YoY Growth	+131.9%	+58.6%	+0.6%	-8.3%	-19.0%
Cost of Revenue	$273M	$436M	$352M	$189M	$371M
Gross Profit	$258M	$407M	$495M	$588M	$258M
Gross Margin	48.6%	48.3%	58.5%	75.7%	41.1%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$34M	$26M	$55M	$35M	$48M
Operating Expenses	$34M	$41M	$59M	$276M	$48M
Operating Income	$224M	$365M	$436M	$312M	$210M
Operating Margin	42.2%	43.4%	51.4%	40.2%	33.4%
Interest Expense	$28M	$30M	$26M	$58M	$0
Income Before Tax	-$124M	$321M	$374M	$239M	$143M
Tax Expense	-$35M	$79M	$122M	$112M	$18M
Net Income	-$89M	$242M	$251M	$128M	$126M
Net Margin	-16.7%	28.8%	29.7%	16.4%	20.0%
EPS (Diluted)	$-0.16	$0.42	$0.41	$0.16	$0.17
EBITDA	$365M	$587M	$637M	$507M	$365M
Shares Outstanding	561M	576M	611M	798M	748M

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$305M	$406M	$427M	$622M	$593M	$307M	$326M	$302M
Cost of Revenue	$156M	$169M	$179M	$315M	$317M	$195M	$205M	$166M
Gross Profit	$150M	$237M	$248M	$307M	$276M	$112M	$121M	$137M
Gross Margin	49.1%	58.5%	58.1%	49.3%	46.6%	36.5%	37.2%	45.3%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$13M	$26M	$28M	$34M	$55M	-$13M	$21M	$28M
Operating Expenses	$13M	$29M	$30M	$34M	$101M	$40M	$21M	$28M
Operating Income	$137M	$209M	$222M	$273M	$175M	$72M	$101M	$109M
Operating Margin	44.8%	51.4%	51.9%	43.8%	29.4%	23.6%	30.8%	36.1%
Interest Expense	$10M	$12M	$13M	$40M	$52M	$33M	$39M	-$39M
Income Before Tax	$119M	$179M	$0	$216M	$157M	$87M	$57M	$86M
Tax Expense	$40M	$59M	$0	$122M	$50M	$16M	$2M	$16M
Net Income	$79M	$120M	$0	$94M	$106M	$71M	$56M	$70M
Net Margin	25.9%	29.7%	0.0%	15.1%	17.9%	23.0%	17.0%	23.1%
EPS (Diluted)	$0.14	$0.19	$0.00	$0.12	$0.13	$0.09	$0.07	$0.10
EBITDA	$223M	$305M	$324M	$422M	$350M	$156M	$186M	$179M
Shares Outstanding	575M	618M	594M	807M	791M	763M	730M	748M

KAR.AX ASX