• Revenue up 6% to $60 million
• Gross Profit up 5% to $21 million
• Net Cash Flow up $1.9 million to $1.5 million

RPM Automotive Group Limited (ASX: RPM), a leading player in the Australian automotive aftermarket sector, has released its results for the six months ended 31 December 2024 ('H1 FY25'). The company reported a 6% increase in revenue to $60 million, driven by a diversified product offering and increased cross-sell. Gross Profit increased by 5% to $21 million, due to operational optimization and scale benefits. Net Cash Flow improved by $1.9 million to $1.5 million, while EBITDA declined by 10% to $4.8 million due to higher operational and establishment costs, as well as the impairment from the divestment of a non-core, underperforming asset. The company's Wheels and Tyres division saw a 24% revenue increase, while Repairs and Roadside revenue declined by 5%. Performance and Accessories continued to deliver strong results, and Motorsport remained a leading destination for soft parts and safety categories. The company remains focused on its Tyre Recycling business, cost control, inventory management, and exceptional customer service, and expects a stronger second half with improved group revenue and EBITDA.

The company expects a stronger second half with both group revenue and EBITDA to improve in H2 FY25.

RPM is well positioned to navigate the dynamic landscape of the Australian automotive aftermarket, with several new group-wide initiatives implemented that are designed to deliver sustainable growth throughout 2025 and into the future. The company's focus is on its Tyre Recycling business, as it improves processes and works towards a fully operational recycling plant.