FY25 Results Market Announcement
| Stock | Mcmillan Shakespeare Ltd (MMS.ASX) |
|---|---|
| Release Time | 28 Aug 2025, 5:25 p.m. |
| Price Sensitive | Yes |
McMillan Shakespeare Reports FY25 Results
- Statutory NPAT up 14.1% to $95.3 million
- Normalised Revenue up 3.0% to $541.6 million
- Simply Stronger program successfully completed, delivering superior digital solutions and productivity gains
McMillan Shakespeare Limited (ASX: MMS) today announced its financial results for FY25. MMS reported revenue growth across all business segments. The Company completed its multi-year Simply Stronger program - a milestone that has provided access to new customer segments, delivered superior digital solutions and resulting in productivity gains. FY25 highlights include Statutory Net Profit After Tax (NPAT) of $95.3 million (up 14.1%), Normalised Revenue of $541.6 million (up 3.0%), and Normalised Underlying Net Profit After Tax and Amortisation (UNPATA) of $103.2 million (down 4.1%). Novated lease sales grew 4.1% year-on-year, supported by new client wins and the rollout of Oly. Plan & Support Services customers increased 21.5%, including the acquisition of My Plan Support in May 2025. The Simply Stronger program successfully completed, delivering superior digital solutions and productivity gains. MMS CEO and Managing Director Rob De Luca said the company enters FY26 with business momentum, a clear strategy for growth and an unwavering focus on excelling in customer experience, delivering valued solutions for customers and partners, and driving technology-enabled productivity.
MMS enters FY26 with business momentum and a clear strategy for growth. Expected market outlook includes auto supply and used car values remaining broadly consistent with 2HFY25, and the FBT Exemption on BEV continuing with the Federal Government committed to review by mid-2027. Following the 2025-26 NDIS pricing review, monthly plan management fees will remain consistent while set up fees were removed effective 1 July 2025. New client wins in GRS and AMS, buoyant novated orders in Q4FY25 and continued NDIS participant growth are expected to support customer growth across all segments. Benefits are to be realised from strategic investments with the removal of non-recurring costs.