Laserbond Limited (ASX:LBL)

LaserBond Limited reported strong financial results for the first half of the fiscal year 2026. The company achieved a 13.4% increase in revenue to $23.0 million and a substantial 153.8% growth in net profit before tax, reaching $3.3 million compared to the prior corresponding period. The Products Division saw a 34.2% revenue growth, supported by robust original equipment manufacturer partnerships and expanding international markets. Despite challenges in the mining sector and seasonal operational constraints, the Services Division maintained a healthy demand for its specialized surface engineering services. The Technology Division made progress with strategic initiatives, including the $2.3 million Komatsu licensing agreement, which is on track for delivery in the second half of FY26. Research and development investments increased significantly, focusing on developing alternatives to Tungsten Carbide amid global supply constraints. The company's strategic investments in productivity and market positioning have paid off, with a 70% increase in the order book as of January 2026, positioning LaserBond for robust performance in the second half of FY26.