• Revenue up 9.5% to $267.1m
• Net profit up 179% to $7.7m
• EBITDA margins improved to 10.2%

In FY25, MaxiPARTS has delivered revenue of $267.1m (FY24: $243.9m), a growth of 9.5% compared to FY24. The revenue growth was achieved in part through the full year run-rate of the prior year acquired businesses (in Dec-23) of Independant Parts ('IP') and Förch Brisbane, as well as through continued investment in organic growth initiatives across both MaxiPARTS Operations and Förch Australia segments. EBITDA of $27.3m (FY24: $23.0m excluding significant items), a growth of 18.4% on FY24, with EBITDA margins of 10.2% improving from 9.5% in FY24. Net profit from continuing operations, before tax, amortisation, depreciation & interest of $13.5m (FY24: $10.9m excluding significant items) was up $2.6m or 23.8% on FY24 and NPAT from Continued Operations of $8.8m (FY24: $5.6m) was up $3.2m or 57% on FY24. The Group's discontinued operations reported a loss of ($0.8m) for the period, which included a final impairment of the loan receivable, offset with the release of the remaining unused customer warranty and other provisions as a result of the signed settlement deed with ATSG (as announced on 19 November 2024), and legal expenses incurred in relation to the litigation for the period. The Group reported a closing net debt balance of $7.2m, a decrease of $8.7m from the year-ended 30 June 2024. This represents a leverage ratio of 0.3 times, which is well within the Group's capital management targets.

Following on from FY25, MaxiPARTS remains focused on organic programs anticipated to deliver continued growth in EBITDA margins into low double digits in the medium term. This includes revenue growth through Förch Australia sales force expansion and key customer focus, continued growth in the Japanese product range across the MaxiPARTS network, and the new MaxiPARTS store opening in July 2025 in Kalgoorlie.

The Group believes the delivery of the above initiatives will continue to strengthen key financial metrics such as EBITDA / EBIT margins and improve the return on invested capital. The Group is also maintaining balance sheet flexibility to respond to market conditions and having an active capital management plan.