• Improved financial metrics, including 9.5% revenue growth and 18.4% EBITDA growth
• Achieved EBITDA margin of 10.2%, up 70 basis points from FY24
• Continued growth in Forch Australia, with 26.6% revenue growth and 112% EBITDA growth

MaxiPARTS Limited (ASX: MXI) is a leading company operating within Australia's commercial vehicle and automotive sectors. The company reported strong financial results for the year ended 30 June 2025, with revenue increasing by 9.5% to $267.1 million and EBITDA growing by 18.4% to $27.3 million. This resulted in an EBITDA margin of 10.2%, up 70 basis points from the prior year. The company's NPBT from continuing operations grew by 38% to $12.7 million, and it paid a fully franked final dividend of 3.12 cents per share, resulting in a full-year dividend of 6.17 cents per share, up 20% from the prior year. The company's balance sheet remains strong, with net debt of $7.2 million and a leverage ratio of 0.3x. The company's Forch Australia business, which distributes workshop consumable parts, continued to perform well, with revenue growth of 26.6% and EBITDA growth of 112%. The company remains focused on organic growth initiatives, including the opening of a new store in Kalgoorlie, Western Australia, and continued growth in its Japanese product range. The company expects the market conditions to remain challenging, with soft general transport activity across the east coast of Australia and increased competitive pricing pressures, but believes its focus on organic programs and balance sheet flexibility will position it for continued growth.

The company expects its end customer market to remain consistent with the current trends seen during FY25, with soft general transport activity across the east coast of Australia and a sustained increase in competitive pricing pressures. The company remains focused on organic programs anticipated to further grow EBITDA margins into low double digits in the medium term.

The company believes the delivery of its organic growth initiatives, including further growth in the Japanese product range, the opening of a new store in Kalgoorlie, and continued growth in Forch Australia, will continue to strengthen key financial metrics such as EBITDA/EBIT margins and improve the return on invested capital.