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Aug 31, 2026

Multistack International Reports Lower Half-Year Profit Despite Strong Earnings Base

Multistack International Reports Lower Half-Year Profit Despite Strong Earnings Base Source: Kapitales Research

Multistack International Limited (ASX: MSI) has released its half-year results for the six months ended 30 June 2026. Revenue from ordinary activities declined by $56,475, representing a 100% decrease, resulting in no reported revenue for the period. Despite this, the company remained profitable, highlighting the contribution of its continuing operations and other underlying financial activities.

Profit from continuing operations attributable to shareholders after tax fell by 18.71%, coming in at $2.18 million. Net profit attributable to members also fell 28.31% to $1.92 million compared with the previous corresponding period. The Board elected not to pay a dividend for the current half-year or the comparable period a year earlier.
Meanwhile, net tangible asset backing per ordinary security improved to $0.0024, compared with negative $0.0086 in the prior corresponding period. The financial report has been independently reviewed. The results indicate lower profitability year-on-year, while the improvement in tangible asset backing marks a notable change in the company’s financial position.



 

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