TELEMASTERS HOLDINGS LIMITED - Amended SF Announcement - Audited Condensed Consolidated Financial Statements for the Year ended 30 June '26 & Declaration of Dividend No. 72

SENS-AI conclusion

A strong operating year, but the market has already seen the headline numbers. The 6 October further trading statement printed EPS of 4.68 cents and HEPS of 4.69 cents, and this filing simply adds the audit opinion and the dividend declaration. The read is confirmation for an existing view, not a fresh conviction signal. The company guided to more than 700% EPS and HEPS growth in June; the audited outcome delivered approximately 403% and 334% respectively — a material shortfall against the company's own bar. The dividend of 0.3 cents per share is unchanged from the prior declaration and sits below the 0.70 cents paid during the year, which tempers the earnings story. So what: the audited accounts confirm the earnings quality, but the market still needs to see whether the operating profit converts into sustainable cash flow.

The full annual financial statements will show whether the operating profit is backed by operating cash flow and whether the dividend can be maintained or grown.