Summary · why it matters
Viva Leisure Ltd declared its first-ever fully franked dividend of $0.03 per share after exceeding all five FY26 guidance metrics, with revenue up 12.2% and statutory net profit after tax up 144.5%. The company achieved significant operating leverage, reduced net leverage to 1.77x, and funded all growth from operating cash flow. Its new Meridium Global payments and technology business posted standalone EBITDA of $13.4 million, up from $3.7 million, and a strategic review is underway to unlock value. Portfolio utilization surpassed 80% for the first time, and average membership per club reached a record 1,351, supporting a path to 1 million members by FY29.