Tuas stock sees 16,500 performance rights lapse

Published on 10/19/2026 at 04:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY26 revenue rose 24.00 percent to SGD 187.60 million, with EBITDA up 22.00 percent. Tuas stock faces SGD 15.00 million-30.00 million in FY27 cyber costs.

Operating scale and calendar

On October 13, 2026, 16,500 performance rights lapsed at Tuas.
FY26 revenue increased 24.00 percent to SGD 187.60 million.
Tuas lists March 25, 2027, as its next reporting date.

Tuas, AU0000089724, Illustration mit AI erstellt.

Tuas (ISIN AU0000089724) had 16,500 performance rights lapse on October 13, 2026, reducing potential future dilution, according to The Globe and Mail. The update gives Tuas stock a fresh corporate action backdrop after the telecommunications group delivered strong fiscal 2026 operating growth.

Rights lapse changes the capital picture

The lapsed securities were designated as TUAAA performance rights and were tied to conditions that had not been satisfied by September 15, 2026. The same The Globe and Mail report cited a Buy rating and an AUD 2.95 price target for Tuas.

On October 19, 2026, Tuas traded at AUD 1.71 on the ASX at 12:48 p.m. AEDT. Its market capitalization was AUD 939.1 million, while the 52-week range stood at AUD 1.54 to AUD 7.81 on the same date.

What funds the next network step?

Tuas reported fiscal 2026 revenue of SGD 187.60 million, up 24.00 percent from SGD 151.30 million in fiscal 2025. Underlying EBITDA rose 22.00 percent to SGD 83.70 million from SGD 68.40 million, while the underlying full-year net profit after tax reached SGD 29.60 million versus SGD 6.90 million a year earlier, according to the FY26 earnings call carried by Yahoo Finance.

The company expects combined mobile and broadband capital expenditure of SGD 50.00 million to SGD 55.00 million in fiscal 2027. Incremental capital and operating expenditure for cybersecurity compliance is projected at SGD 15.00 million to SGD 30.00 million, making execution costs a central counterweight to subscriber growth.

Three dates frame the stock

On September 23, 2026, Tuas released fiscal 2026 results with revenue of SGD 187.60 million, according to investorpa. On October 13, 2026, 16,500 performance rights lapsed, and the same date carried the cited AUD 2.95 analyst target from the report by The Globe and Mail.

When are the next results due?

TradingView lists March 25, 2027, as Tuas's next earnings release date, giving the market a defined checkpoint for subscriber momentum, network investment and cybersecurity spending.

Market value remains the counterweight

The ASX quotation at AUD 1.71 on October 19, 2026, remained materially below the AUD 7.81 52-week high, while fiscal 2026 revenue and EBITDA growth provided the operating counterpoint. The next reporting date will show whether the planned investment is translating into broader revenue growth.