공고 • Jan 20
Sandgroper Pty Ltd entered into a binding agreement to acquire Ausblast from Babylon Pump & Power Limited (ASX:BPP) for AUD 2.8 million. Sandgroper Pty Ltd entered into a binding agreement to acquire Ausblast from Babylon Pump & Power Limited (ASX:BPP) for AUD 2.8 million on January 19, 2026. A cash consideration of AUD 2.8 million will be paid by Sandgroper Pty Ltd. As part of consideration, AUD 2.8 million is paid towards common equity of Ausblast. The transaction will result in the Babylon Pump & Power's invoice finance facility with NAB being reduced to AUD 2.2 million and the master equipment finance facility being reduced by AUD 1 million.
The transaction is subject to standard conditions and is expected to complete on 21 January 2026. The cash consideration will be applied to reduce Group debt AUD 1.5 million and support working capital and organic growth initiatives within the rental segment. 공고 • Oct 18
Babylon Pump & Power Limited, Annual General Meeting, Nov 27, 2025 Babylon Pump & Power Limited, Annual General Meeting, Nov 27, 2025. Location: at the cottesloe room, australian institute, of company directors, level 1, allendale square, 77 st georges terrace, perth 6000 Australia Board Change • Dec 31
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Jamie de Barran Cullen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Oct 28
Babylon Pump & Power Limited, Annual General Meeting, Nov 28, 2024 Babylon Pump & Power Limited, Annual General Meeting, Nov 28, 2024. Location: cottesloe room, australian institute of company directors, level 1, allendale square, 77 st georges terrace, perth 6000, perth Australia 공고 • Aug 22
Babylon Pump & Power Limited to Report Fiscal Year 2024 Results on Aug 28, 2024 Babylon Pump & Power Limited announced that they will report fiscal year 2024 results on Aug 28, 2024 Reported Earnings • Aug 22
Full year 2024 earnings released: EPS: AU$0 (vs AU$0.001 loss in FY 2023) Full year 2024 results: EPS: AU$0 (improved from AU$0.001 loss in FY 2023). Revenue: AU$42.0m (up 25% from FY 2023). Net income: AU$508.0k (up AU$2.00m from FY 2023). Profit margin: 1.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Trade Distributors industry in Australia. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. 공고 • Feb 21
Babylon Pump & Power Limited to Report First Half, 2024 Results on Feb 27, 2024 Babylon Pump & Power Limited announced that they will report first half, 2024 results on Feb 27, 2024 Reported Earnings • Feb 20
First half 2024 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2023) First half 2024 results: EPS: AU$0 (improved from AU$0.001 loss in 1H 2023). Revenue: AU$22.4m (up 64% from 1H 2023). Net income: AU$243.0k (up AU$1.53m from 1H 2023). Profit margin: 1.1% (up from net loss in 1H 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. New Risk • Feb 19
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (AU$15.0m market cap, or US$9.80m). Minor Risk Large one-off items impacting financial results. Board Change • Feb 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Jamie de Barran Cullen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Jamie de Barran Cullen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Oct 05
Babylon Pump & Power Limited, Annual General Meeting, Nov 23, 2023 Babylon Pump & Power Limited, Annual General Meeting, Nov 23, 2023. Reported Earnings • Aug 23
Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.004 loss in FY 2022) Full year 2023 results: AU$0.001 loss per share (improved from AU$0.004 loss in FY 2022). Revenue: AU$33.7m (up 22% from FY 2022). Net loss: AU$1.49m (loss narrowed 71% from FY 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Board Change • Aug 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Jamie de Barran Cullen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 02
Less than half of directors are independent Following Non-Executive Director Chris Radin's arrival on 01 March 2023, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Jamie de Barran Cullen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 21
First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2022) First half 2023 results: AU$0.001 loss per share (improved from AU$0.002 loss in 1H 2022). Revenue: AU$13.7m (flat on 1H 2022). Net loss: AU$1.29m (loss narrowed 46% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Reported Earnings • Sep 03
Full year 2022 earnings released: AU$0.004 loss per share (vs AU$0.007 loss in FY 2021) Full year 2022 results: AU$0.004 loss per share (up from AU$0.007 loss in FY 2021). Revenue: AU$27.7m (up 28% from FY 2021). Net loss: AU$5.21m (loss narrowed 18% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Board Change • Jun 10
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Jamie de Barran Cullen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Louise Bower was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Louise Bower was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 05
Insider recently bought AU$452k worth of stock On the 28th of January, Geoffrey Lord bought around 26m shares on-market at roughly AU$0.018 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Oct 03
Full year earnings released - AU$0.0025 loss per share Over the last 12 months the company has reported total losses of AU$1.78m, with losses narrowing by 19% from the prior year. Total revenue was AU$17.2m over the last 12 months, up 49% from the prior year.