Austal

Spearwood, Australia Founded: 1988 • Age: 38 yrs Acquired By Hanwha
Ships for defence and commercial sectors are designed and manufactured.
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About Austal

Austal is a company based in Spearwood (Australia) founded in 1988 was acquired by Hanwha in June 2025.. The company has 4,400 employees as of June 30, 2025. Austal has completed 2 acquisitions, including Austal and ElectraWatch. Austal offers products and services including Defence Vessels and Commercial Ferries.

  • Headquarter Spearwood, Australia
  • Employees 4400 as on 30 Jun, 2025
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Austal Limited
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
    $1.2 B (USD)
    24.13
    as on Jun 30, 2025
  • Net Profit
    $59.29 M (USD)
    503.21
    as on Jun 30, 2025
  • EBITDA
    $101.3 M (USD)
    253.37
    as on Jun 30, 2025
  • Latest Funding Round
  • Investors
  • Employee Count
    4400

    as on Jun 30, 2025

  • Investments & Acquisitions
    Austal

    & 1 more

  • Acquired by
    Hanwha

    (Jun 10, 2025)

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IPO & Listings of Austal

Austal is a publicly listed company on the ASX with ticker symbol ASB in Australia, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: ASX · Ticker: ASB . Sector: Producer manufacturing · Australia

Products & Services of Austal

Austal offers a comprehensive portfolio of products and services, including Defence Vessels and Commercial Ferries. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Naval vessels and patrol boats are designed and constructed by Austal for military purposes.

High-speed passenger and vehicle ferries are produced by Austal for commercial operators.

People of Austal
Headcount 5000-10000
Employee Profiles 49
Board Members and Advisors 4
Employee Profiles
People
Tammy Francis
Configuration Manager - Austal
People
Paddy Gregg
Chief Executive Officer
People
Siddh Patel
Business Analyst / Developer II
People
Weston Hawkins
Naval Architect

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Board Members and Advisors
people
Lee Goddard
Independent Non-Executive Director
people
Kathryn Toohey
Independent Non-Executive Director
people
Richard V. Spencer
Chairman
people
Brent Cubis
Independent Non-Executive Director

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Funding Insights of Austal

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Austal

Austal has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hanwha. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Manufacturer of solar cells, modules, and other related components
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Austal

Austal has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Austal and ElectraWatch. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturing services for aluminum sensitization probe devices are provided.
2007
Hull and structural repairs along with maintenance services are provided.
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Austal

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Austal Comparisons

Employees
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Competitors of Austal

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Austal

Frequently Asked Questions about Austal

When was Austal founded?

Austal was founded in 1988.

Where is Austal located?

Austal is headquartered in Spearwood, Australia. It is registered at Spearwood, Western Australia, Australia.

How many employees does Austal have?

As of Jun 30, 2025, the latest employee count at Austal is 4,400.

What is the annual revenue of Austal?

Annual revenue of Austal is $1.2B as on Jun 30, 2025.

What does Austal do?

Austal was founded in 1988 and is headquartered in Spearwood, Australia. Operations focus on the shipbuilding industry, where advanced vessels for defence and commercial applications are designed, constructed, and delivered. Services include engineering, fabrication, and support for naval and civilian maritime needs. Global projects are managed from facilities in Australia, with expansion into international markets for specialized ship solutions.

What products or services does Austal offer?

Austal offers Defence Vessels and Commercial Ferries.

Is Austal publicly traded?

Yes, Austal is publicly traded on ASX under the ticker symbol ASB.

How many acquisitions has Austal made?

Austal has made 2 acquisitions, including Austal, and ElectraWatch.

Who are Austal's investors?

Austal has 1 investor. Key investors include Hanwha.

What is Austal's ticker symbol?

The ticker symbol of Austal is ASB on ASX.

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