SHAPE Australia's stock soared 6.10% during intraday trading on Tuesday, following the release of a positive trading update and robust financial forecasts for fiscal year 2026.
The company announced it secured project wins worth more than AU$1.16 billion for the period ended April 30, a significant increase from the AU$981.6 million recorded in the prior year. Furthermore, the company's modular revenue more than doubled to over AU$63 million, compared to AU$30.6 million in fiscal 2025.
Based on this performance, SHAPE Australia forecasts its full-year FY26 revenue to be between AU$1.175 billion and AU$1.225 billion, representing nearly a 23% increase over the previous year's actual revenue. The company also estimates its net profit after tax (NPAT) for FY26 to fall between AU$30 million and AU$32 million.