DVP Financials: Results, Ratios & Statements | Develop Global

DVP

Develop Global

Materials

Develop Global (DVP) is an ASX-listed materials company focused on the exploration and development of high-grade base metal projects, primarily copper and zinc, in Australia. The company operates key assets such as the Sulphur Springs and Woodlawn projects, holding a significant JORC Compliant Resource inventory. DVP also provides specialized underground mining services, aiming to deliver safer and more sustainable solutions while contributing essential minerals for global decarbonization.

Short position

short percentage7.52%

reported shorts24.8M

shares on issue329.985M

Develop Global (ASX:DVP) has 7.52% of its shares on issue reported as short positions as of 5 Oct 2026, or about 24,801,196 shares. Over the past 30 days that figure has risen 0.87 percentage points, and over 90 days it has risen 3.40 percentage points. DVP is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

Latest result

Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency · Company filing, 29 Sep 2026

Revenue: $227.0M (source: Company filing (extracted))vs $231.5M (FY25); Company filing (extracted), as at 30 Sep 2026
NPAT: n/avs $72.4M (FY25)
EPS (basic): n/avs $0.27 (FY25)

Rev YoY: −1.9%FY (source: Company filing (extracted))
EPS YoY: n/aTTM

EPS: prior loss, now profit (growth is not meaningful against a loss).

Company filing (extracted)

Summary of Annual Report to shareholders, 29 Sep 2026

Develop Global reported record external revenue of $227m for FY26, driven by its mining services division and the successful ramp-up of the Woodlawn copper-zinc mine. No net profit or dividend figures were disclosed in the report. The company expects significant cash flow growth by 2028, supported by the commencement of production at Pioneer Dome and ongoing development at Yitirrti.

Automated summary of the filing; the filing itself is the record.

Key ratios

12 months to 31 Dec 2025 (TTM); balance sheet at 30 Jun 2025, 6 months before; prices to 9 Oct 2026

Gross margin: 51.8%
Operating margin: −7.5%
Net margin: 25.2%
FCF margin: −27.6%
ROE: 14.9%
ROA: 10.6%
FCF conversion: −1.09×
Net debt (excl. leases): $74.1M
Net debt / EBITDA: 5.0×
Current ratio: 2.6×
Interest cover: n/a
Cash dividends paid / net profit: n/a
Market cap: n/a (no share count we can vouch for)
P/E: 15.8×
P/B: n/a (no share count we can vouch for)

Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

DVP income, newest period first, figures in AUD
Line item	FY26	FY25	FY24	FY23
Revenue	$227.0M (source: Company filing (extracted))	$231.5M	$147.2M	$67.8M
Gross profit	n/a	$167.3M	$100.1M	$3.5M
Operating income	n/a	−$2.7M	−$9.5M	−$14.1M
EBITDA	n/a	$27.0M	$11.7M	−$1.4M
EBIT	n/a	−$1.8M	−$10.5M	−$11.4M
Interest expense	n/a	$3.0M	$1.3M	$6.5M
Pretax income	n/a	−$4.8M	−$11.8M	−$17.9M
Tax	n/a	−$77.6M	$147.3K	$0
NPAT	n/a	$72.4M	−$12.1M	−$17.9M
Net interest income	n/a	−$1.5M	$97.4K	−$5.9M
EPS basic	n/a	$0.27	−$0.053	−$0.11
EPS diluted	n/a	$0.26	−$0.053	−$0.11
Shares	n/a	288.4M	244.1M	181.4M

Company filing (extracted)

Financial reports

The company's own filings, newest first

Showing 10 of 21 reports