Gross profit improved by 18.9% y-o-y to $9.6 million in 3QFY2026 while gross profit margin increased 1.1 percentage points y-o-y to 51.6%. The better margins was a result of enhancement seen in its manufacturing processes and stronger customer engagement.
As at March 31, 2026, Micro-Mechanics possess a debt free balance sheet, with cash and bank balances of $25.7 million. For 3QFY2026, the company will be investing $463,000 into new hardware and software, plant machinery, and factory renovation.
The company expects its capital expenditure for 2HFY2026 to be around $2.0 million.
“We delivered strong growth in 3QFY2026, as sustained AI and compute demand drove global semiconductor sales to new highs. As the industry continues to ramp, we remain focused on improving lead times and on‑time delivery to support this demand,” says Kyle Borch, CEO of Micro-Mechanics.
See also: Thakral’s 1QFY2026 adjusted attributable profit more than doubles y-o-y to $3.3 mil
Shares of Micro-Mechanics closed 11 cents higher, or 3.34% up at $3.40 on April 28. On a YTD basis, its share price saw a gain of nearly 110%.
