Compilation of last day laggards lists

2026

Produced this lead item for Intelligent Investor based on this partial list tracking the last day laggard results released after 2.30m on Friday, February 27, 2026. Also gave some lines on the last day laggards issue to the ABC's business blog which ran on March 2, 2026. It also scored a mention in this edition of The Money Cafe.

For the full year in August, wrote this story for Intelligent Investor:

Revealed: some of the biggest late reporting losers

Under ASX listing rules, public companies must report their half and full year results within two months of year end, or they face being suspended from trading. Naming and shaming companies which waited until the last possible day to release their results has long been a personal obsession as I've laboriously tracked the data in 11 different years since 2009.

The last time it happened, the lead item in this March 2026 Intelligent Investor column was only based on a partial list tracking the last day laggard results released after 2.30pm on Friday, February 27, 2026.

I then signalled during a Money Café chat that I was done with spending 10-15 hours twice a year putting the data together again.

However, a Money Café listener called Laurence has come to the rescue by putting together a fabulous tool using AI which captures the data in next to no time.

The dashboard is not quite ready for public consumption but thanks to Laurence, I can tell you that there were 195 earnings released to the ASX on Monday, August 31. This was certainly a major improvement on the 348 results released on Friday, August 30, 2019. The campaign seems to be working.

It's usually a case of the later they wait, the worse they are and there was 90 results which dropped after 4pm on Monday this week, breaking down to just 17 profits and 73 losses.

The very last announcement of the day is always worth a look and this year it was from Perth-based Babylon Pump and Power (BPP) which dropped a $20.1m loss at 7.30pm via this skinny two page announcement.

Other notable late-comers included DGL Group (DGL) which waited until 7.20pm to reveal this $45.3m full year loss but at least it was the full accounts spanning 83 pages.

Mayfield Childcare (MFD) delivered some disappointing question censorship at this year's AGM back in May, so it was no surprise they were in the last day laggards club with a $31.9m half year loss which they dropped at 7.13pm on Monday night.

But my favourite for the day, just for sheer symmetry, was China-controlled and Burnie-based Grange Resources (GRR) which dropped a long overdue $542 million loss at 5.42pm. Would they have a done a $444m loss at 4.44pm? This reduced claimed net assets from $1.1 billion to $566 million, which still dwarfs the current market cap of $156 million, but at least the auditors from PwC have gone some way to moving the balance sheet closer to the market's assessment. I ran for the Grange Resources board last year but they refused to provide online access so I've no idea if some brave shareholder in Burnie put the pressure on for these write-downs.

2025

See coverage from the February 28 dump in this March 4 2025 Intelligent Investor column.

Produced this list of 183 last day laggard AGMs held on Friday, November 28, 2025, but didn't write about it anywhere.

2024

Last day leap year results deluge released on Thursday, February 29, 2024 . See spreadsheet plus this paywalled column for Intelligent Investor which is republished here.

Also tracked it later in the year leading this September 2024 Intelligent Investor column with the data. It also featured on this edition of The Money Cafe broadcast on September 4, 2024.

Produced this list of 212 last day laggard AGMs held on Friday, November 29, 2024. I wrote this column item for Intelligent Investor about this last day AGM deluge at the time, the text of which is reproduced at the bottom of the list.

2023

Tracked last day AGMs and wrote about the 165 gatherings in The Intelligent Investor at the time.

2022

Here is a list of the last day laggards which waited until Monday, February 28, 2022 to reveal their half year profit result. In total there was 301 results with 204 losses and 97 profits. I wrote this column item for Intelligent Investor about this last day AGM deluge at the time, the text of which is reproduced at the bottom of the list with no paywall. Also, see this Crikey story which ran on March 4, 2022.

Also gave the second dump for the year a run in this September 2022 Intelligent Investor column and a mention on The Money Cafe podcast with Alan Kohler.

2021

This list tracks the 249 results that were reported on Tuesday, August 31, 2021, the last day of the reporting season. All up there was 168 losses and 81 profits, which is considerably lower than in previous years. See Intelligent Investor column where this was covered. Have reproduced the text at the bottom with no paywall.

2019

This list tracks the 348 last day laggards which waited until Friday August 30, 2019 to release their results to the ASX. We're comparing it with what happened 10 years ago in the August 2009 reporting season at the peak of the GFC wipe-out when 275 companies reported on the last day possible. Also, go to the bottom to see the 65 additional late reporters on Monday morning. I wrote this column at the time for Intelligent Investor which is reproduced at the bottom of the list without a paywall.

This list tracks AGMs held on the last two days of the 2019 AGM season. First up we have the 228 last day laggards tracked by city. After that, we've got a chronological look at the 163 AGMs which reported results to the ASX on the second last day of the season, Thursday, November 28. See Intelligent Investor column previewing the crazy last day AGM action plus this column after it occurred. Have reproduced the text of both articles at the bottom of the list with no paywall.

2018

Didn't do it as was busy working with The Alliance for Gambling Reform.

2017

See this bumper August 31 column for what was then The Constant Investor. It included the following about what happened at ASA in 2014:

The Australian Shareholders' Association did some analysis of last day reporting trends in 2014 which showed that 243 companies reported on the last day possible for the half year (February 29, 2014) and 261 reported on August 29, 177 of which were losses. Remarkably, there was 117 companies which managed a last day earnings release twice in 2014, with more than 80% reporting a loss both times.

2015

Didn't cover it as was out of ASA but busy at City of Melbourne.

2014

Tracked it for ASA in February to produced a story for Equity magazine which was covered by Tim Boreham in The Australian at the time. The late Peter Ryan also covered it for ABC radio's AM program on March 14, 2026.

Also produced this Crikey story after putting the last day reporting data together in early September 2014. And followed up with Crikey after tracking 233 companies doing last possible day AGMs at the end of November.

2013

Didn't track it as was busy at City of Melbourne and working for ASA.

2012

Didn't track it as was busy with councils, elections and ASA.

2011

The March 25 email Mayne Report edition included a chunky discussion on this last day of the season list which was put together without the assistance of staff for the first time. In terms of the roll-out after 4pm on the last day the 114 results are all listed here.

2010

From The Mayne Report email edition on March 3, 2010: "And the flow of red ink was so overwhelming last Friday, the last day of the season, that we've decided to take this chronological snapshot of the day for posterity. There were almost 200 different companies which reported losses of more than $1 million last Friday, so this will be very interesting to compare with the last day of the next profit season to be revealed in August. Click here for the list of nearly 200 $1m+ plus losses.

From The Mayne Report email edition on September 17, 2010: Our multimedia producer and researcher Shane Marden slaved away for several hours on Wednesday producing this list tracking every company which reported on Tuesday, the last day allowed for listed entities with June 30 balance dates. This is how it unfolded in reverse chronological order - click here to read full list - the raw numbers finished with 188 losses and a surprisingly high 85 profits as 273 companies reported in a single day. You would think that a company with a profit would be better organised to get its numbers out early, although maybe this just demonstrates how tough it is to get everything sorted within two months of year end. Auditors are in peak demand through the winter and you need their sign-off before going public.

2009

Tracked it twice this year when The Mayne Report still had staff.

On February 28, we just listed the 187 losses and there were 101 after 4pm.

And on August 31 it was even bigger when we listed 285 last day laggards, comprising 227 losses and 58 profits.

Copyright © 2026 The Mayne Report. All rights reserved

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