Shares of Qualitas (ASX:QAL) rose around 2% in recent Tuesday trade after it reported late Monday fiscal first-half normalized earnings of AU$0.07 per share, up from AU$0.054 a year earlier.

Analysts polled by FactSet expected earnings of AU$0.07.

Total revenue for the six months ended Dec. 31, 2025, was AU$48.3 million, compared with AU$34.6 million a year earlier. Analysts surveyed by FactSet expected AU$48.3 million.

The company reaffirms its guidance for fiscal year 2026, expecting a net profit before tax of between AU$60 million and AU$66 million, representing an increase of around 13% to 25% compared to fiscal year 2025, with estimated earnings per share of AU$0.139 to AU$0.153. Analysts polled by FactSet expect earnings of AU$0.15.

The board declared an interim dividend of AU$0.035 per share, up from AU$0.025 a year earlier, payable March 19 to shareholders on record as of March 4.