• Record-breaking performance: Revenue, EBITDA, and Net Profit soar
• Strong cost control and operational efficiency improvements
• Successful integration of Force Technology to form new Consumer division

Stealth Group Holdings Ltd (ASX: SGI), a leading Australian distributor of industrial, safety, automotive, workplace, and consumer products, has released its Appendix 4D, Half-Year report, and Results presentation for the period ended 31 December 2024. The company has delivered record-breaking financial performance, with revenue increasing by 26.5% to $71.47 million, driven by growth in both repeat and new customers, higher average order values, and contributions from the acquired Force Technology business. Strong cost control reduced the cost of doing business from 24.4% to 22.5% of revenue, leading to a 78.1% increase in EBITDA to $4.97 million and a 249.2% surge in net profit after tax to $1.58 million. The company's disciplined capital management has also resulted in a 17.8% increase in the cash balance to $10.40 million. The Industrial Division maintained solid performance, while the newly formed Consumer Division, created following the acquisition of Force Technology, has performed well, contributing $21.8 million in sales. Stealth remains focused on long-term value creation, investing in customer value, convenience, and better experiences, as well as product innovation and exclusive brand arrangements. The company is well-positioned to outperform in a period of significant momentum, with growth continuing into the first 8 weeks of the second half of FY2025.

Stealth maintains its FY25 NPAT margin guidance of 1.5%-3% and remains on track to achieve its mid-term goal by FY28 of over $300 million in annual revenue, with an EBITDA margin above 8% and NPAT margin of 5%.

Stealth is well-positioned to outperform in a period of significant momentum, capitalising on emerging opportunities. The company is actively negotiating new exclusive product agreements expected to significantly enhance its portfolio, expand market share, and improve margins. While these initiatives will require additional investment, they are projected to deliver significant long-term value.