Appendix 4D and FY25 Half Year Report
| Stock | RPM Automotive Group Ltd (RPM.ASX) |
|---|---|
| Release Time | 26 Feb 2025, 9:21 a.m. |
| Price Sensitive | Yes |
RPM Automotive Group reports H1 FY25 results
- Revenue up 5.54% to $60.0 million
- Net profit down 42.37% to $1.2 million
- EBITDA+ of $4.8 million, up from $5.4 million
For the six months ended 31st December 2024, RPM Automotive Group Limited recorded income from operations of $60,042,373, net profit from operations before tax of $1,740,648 and EBITDA+ of $4,811,134. The company's strategic focus has been on consolidating brands to maximize brand awareness, expanding its existing network with a broader product range, investing in systems and analytics to drive cross-selling, and leveraging growing economies of scale. The company has also committed to optimizing resources and controlling operating expenses, which it expects will improve profitability and operating cash flow in the second half of FY2025. Looking ahead, the company expects the introduction of new projects in H2, particularly the recycling plant, to contribute to stronger results, although operations have been delayed by a few weeks due to the plant awaiting its compliance certification and operating license.
The company expects the introduction of new projects in H2, particularly the recycling plant, to contribute to stronger results for the second half of the financial year.
The company is committed to optimizing resources and controlling operating expenses, which it expects will improve profitability and operating cash flow in the second half of FY2025.