FY25 Results Announcement

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Stock Autosports Group Ltd (ASG.ASX)
Release Time 21 Aug 2025, 9:27 a.m.
Price Sensitive Yes
 Autosports Group Ltd Reports FY25 Results
Key Points
  • Record revenue of $2.865 billion
  • Normalised NPBT of $47.1 million
  • Strong performance in prestige and luxury segments
Full Summary

Autosports Group Limited (ASX: ASG) announced its financial results for the year ended 30 June 2025 (FY25). The company delivered record revenue of $2.865 billion and normalised net profit before tax (NPBT) of $47.1 million. Autosports Group benefited from interest rate reductions during the second half of FY25, which supported a return to more normalised operating conditions. This environment delivered improved net margins and operating leverage for the business. At the same time, the luxury segment demonstrated resilience, with luxury consumers maintaining spending patterns that drove an increase of 2.8% in luxury vehicles' share of the total automotive market in the period January to June 2025 relative to the prior corresponding period. These improving market dynamics contributed to a better performance by Autosports Group in the second half of FY25, with normalised NPBT approximately 33% higher than the first half. The company leaves FY25 with an improved cash balance of $43.7 million, strong operating cash flows, and a strategically re-shaped balance sheet to support future growth initiatives following the establishment of a new $350 million syndicated debt facility in June.

Guidance

Autosports Group expects improving new vehicle market conditions to continue, with used vehicles, servicing, parts and collision repair divisions expected to grow at a predictable and resilient pace. Higher revenues through existing dealership facilities are expected to improve operating leverage. Further growth is expected from the full-year cycling of the FY25 SMG acquisition, the addition of Porsche Centre Canberra and Mercedes-Benz Canberra, and the launch of Volvo Cars and Geely greenfield sites in H1 FY26.

Outlook

Autosports Group has commenced FY26 with positive momentum, with strong performance in prestige and luxury segments contributing to growth opportunities with Geely Holding Group, including the opening of Geely Leichhardt and Volvo Cars Gold Coast greenfield dealerships. The company is also expanding in the Canberra and Gold Coast markets through the acquisition of Porsche Centre Canberra, Mercedes-Benz Canberra, and a new site in Southport, Queensland.