Appendix 4E & Financial Report

• Revenue up 20.7% to $600.7 million
• Profit before tax up 133.4% to $14.8 million
• EBITDA margin of 3.1%, above guidance range

Temple & Webster Group Ltd has reported strong financial results for the year ended 30 June 2025. The company achieved record revenue of $600.7 million, up 20.7% from the previous year, driven by growth in both new and repeat customers. Profit before tax was $14.8 million, an increase of 133.4% compared to the prior year, primarily due to disciplined cost management and the absence of one-off costs incurred in the previous year. EBITDA was $18.8 million, representing an EBITDA margin of 3.1%, which was above the company's guidance range of 1-3%. The company's asset-light, negative working capital model drove positive free cash flow of $37.9 million, and the company remains debt-free with a closing cash balance of $144.3 million. The company made good progress against its strategic priorities, including becoming a top-of-mind brand, generating the majority of revenue from exclusive products, developing market-leading data and AI capabilities, lowering fixed costs, and building scale through adjacent growth plays in home improvement and trade and commercial.

For FY25, the company achieved revenue of $600.7 million and a profit before tax of $14.8 million. The company's EBITDA margin was 3.1%, above its guidance range of 1-3%.