Earnings release
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Lycopodium Lycopodium Limited ABN 83 098 556 159 W lycopodium.com Lycopodium Records Solid Start for FY2021 PERTH , 24 February 2021 Lycopodium Limited ( " Lycopodium " or the " Company " ) has delivered a solid result for the first half of 2021 , with net profit margin remaining strong , at 8.8 % . For the six - months ended 31 December 2020 ( " 1H FY2021 " ) , the Company generated revenue of $ 71.0 million and net profit after tax ( NPAT ) of $ 6.3 million . The company Directors have approved a fully franked interim dividend of 10 cents per share , payable on 8 April 2021 . Lycopodium's Managing Director , Peter De Leo , said : " The first half of this financial year has been very positive , with the successful completion of Perseus ' Yaouré Gold Project in Côte d'Ivoire in December , ahead of schedule and under budget despite the challenges presented by COVID - 19 , and the recent award of two substantial African resource projects . " In December , the Company was awarded the contract to provide Engineering and Procurement ( EP ) services for Sandfire Resources ' Motheo Project ( T3 Copper - Silver Project ) , located in Botswana's Kalahari Copper Belt , one of the world's most exciting and emerging copper producing regions . This followed the earlier completion of the Definitive Feasibility Study ( DFS ) and Front End Engineering and Design ( FEED ) for the project . In early January , Orezone Gold Corporation awarded the Company the contract to provide Engineering , Procurement and Construction Management ( EPCM ) services for the delivery of its Stage 1 Oxide Process Plant for the Bomboré Gold Project in Burkina Faso . Again , this award comes on the back of earlier works completed on the project , including the initial study work and FEED , undertaken out of Lycopodium's Toronto office . " Our ability to convert initial study and engineering works into project delivery is testament to the strong client relationships we have established and our clients ' confidence in us , " said Mr De Leo . Having successfully completed its largest EP ( C ) contract to - date in 2020 , being the Yaouré project , the Company has maintained its strong safety performance , with a Lost Time Injury Frequency Rate ( LTIFR ) of zero for the rolling 12 month period to January 2021 , against 2.5 million manhours controlled . " Delivering projects safely for our clients remains a fundamental metric of success and our excellent safety performance is a credit to our delivery teams on the ground , " said Mr De Leo . While COVID - 19 continues to influence economic confidence globally , impacting project commencements , the forward outlook is considered positive , with a strong pipeline of opportunities identified . Based on the anticipated timing of new projects commencing , the Company provides guidance for the full year of approximately $ 160 million in revenue and NPAT in the order of $ 12 million . " Our focus will continue to be on working in partnership with our clients to enable them to progress their projects to completion , on time and budget , " Mr De Leo said . Level 5 , 1 Adelaide Terrace , East Perth WA 6004 , Australia T +61 8 6210 5222