Update on Projected FY2026 Corporate Costs
Stock | Rpmglobal Holdings Ltd (RUL.ASX) |
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Release Time | 13 May 2025, 10:05 a.m. |
Price Sensitive | Yes |
RPMGlobal Provides Update on FY2026 Corporate Costs
- Corporate costs expected to decrease by $4.5 million to $11.3 million from July 2025
- Savings driven by reduced compliance, software, reporting, and other costs
- Software business annual cost run rate to decrease by $1.5 million from July 2025
RPMGlobal Holdings Limited (ASX: RUL) has provided an update on its expected FY2026 corporate costs following the divestment of its Advisory business to SLR Consulting Pty Ltd on 2 April 2025. The company now expects its annual corporate costs (including Depreciation on Right-of-use Assets) to decrease to $11.3 million from 1 July 2025, down $4.5 million from $15.8 million prior to the sale. This reduction is driven by lower public company compliance costs, third-party software/technology costs, financial reporting costs, and other corporate costs. Additionally, the potential earnings under the FY2025 annual corporate executive incentive pool have decreased from $1.5 million to $1.2 million following the Advisory divestment. The company also expects the annual cost run rate for its software business (including reallocated corporate costs) to decrease by $1.5 million from 1 July 2025.