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Magontec Limited Stock Price

ASX:MGL Community·AU$11.4m Market Cap
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MGL Share Price Performance

AU$0.20
-0.01 (-6.98%)
AU$0.20
-0.01 (-6.98%)
Price AU$0.20

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Snowflake Analysis

Adequate balance sheet with low risk.

3 Risks
0 Rewards

Magontec Limited Key Details

AU$55.8m

Revenue

AU$46.8m

Cost of Revenue

AU$9.0m

Gross Profit

AU$21.1m

Other Expenses

-AU$12.1m

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
n/a
-0.21
16.07%
-21.73%
12.0%
View Full Analysis

About MGL

Founded
1953
Employees
n/a
CEO
Nicholas Andrews
WebsiteView website
magontec.com

Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Australia, Europe, China, North America, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems. Its CCP products are used in water storage vessels. The company also recycles magnesium alloys. The company serves automotive, aerospace, power tools, die casting, defense, and steel industries, as well as HVAC & plumbing industry and wholesale; and offers consulting services to companies, organisations, and institutions. Magontec Limited was formerly known as Advanced Magnesium Limited and changed its name to Magontec Limited in November 2011. The company was founded in 1953 and is headquartered in Sydney, Australia.

Recent MGL News & Updates

There's No Escaping Magontec Limited's (ASX:MGL) Muted Revenues Despite A 29% Share Price Rise

Sep 01
There's No Escaping Magontec Limited's (ASX:MGL) Muted Revenues Despite A 29% Share Price Rise

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