• Revenue of $601m, up 21% vs FY24
• EBITDA of $18.8m, EBITDA margin of 3.1%
• NPAT of $11.3m, up 533% vs FY24
• Cash balance of $144m, no debt

Temple & Webster Group Limited (ASX:TPW) has released its Appendix 4E, Audited Financial Results and Investor Presentation for the year ended 30 June 2025 (FY25). The company delivered another set of record results, with revenue of $601m, up 21% versus FY24. EBITDA was $18.8m, representing an EBITDA margin of 3.1%, above the FY25 guidance range of 1-3%. Net Profit After Tax (NPAT) was $11.3m, up 533% compared to the prior year. The company's cash balance as at 30 June 2025 was $144m, with no debt. Temple & Webster CEO, Mark Coulter, noted that the company's customer proposition centred around price, range and convenience continues to resonate with the next generation of shoppers. Home improvement was a standout performer, with revenue growth of 43% and private label penetration approaching 20%. The company's share of the furniture and homewares market in Australia grew to a record 2.7%, up 17% versus the prior year. Active customers increased by 16% to ~1.3 million, with revenue per active customer of $456. The new financial year has started strongly, with revenue from 1 July to 11 August 2025 up 28% year-on-year.

In FY26, Temple & Webster is guiding to an EBITDA margin in the range of 3 - 5%, targeting the mid-point of the range, driven by leverage on the company's fixed cost base and FY24/25 marketing investments.

The company remains optimistic that conditions in FY26 should be favourable for the furniture, homewares and home improvement categories, with anticipated interest rate reductions and stimulatory government policies relating to housing.