Chair's and CEO's AGM Addresses and Trading Update
| Stock | Temple & Webster Group Ltd (TPW.ASX) |
|---|---|
| Release Time | 26 Nov 2025, 8:26 a.m. |
| Price Sensitive | Yes |
Temple & Webster Chair and CEO Deliver AGM Addresses and Trading Update
- Strong FY25 financial performance with 21% revenue growth and 43% EBITDA growth
- Continued market share gains, reaching 2.7% of total furniture and homewares market
- Successful launch in New Zealand, with plans to further expand international presence
Temple & Webster, Australia's leading online furniture and homewares retailer, delivered another year of strong operational and financial results in FY25. The company reported $601 million in revenue, up 21% year-on-year, and $18.8 million in EBITDA, an increase of 43%. This performance reflects the strength of Temple & Webster's customer proposition and the adaptability of its business model. The company also increased its share of the total furniture and homewares market in Australia from 2.3% to 2.7% during FY25, bringing it closer to its goal of becoming the largest player in the category. Key strategic highlights include continued growth in private label and exclusive products, which reached 45% of total revenue, and the expansion of AI and data-driven technologies to drive operational efficiencies and improve customer experiences. Temple & Webster also launched in the New Zealand market in October 2025, taking its first step in international expansion. The company is pursuing a $37 billion market opportunity across furniture, homewares, and home improvement in Australia and New Zealand, and remains focused on delivering revenue growth within its target range for FY26 and achieving its mid-term goal of $1 billion in annual revenue.
Temple & Webster reaffirms its EBITDA margin guidance of 3 - 5% for FY26. The company also has a cash position of over $150 million, with an on-market share buy-back program in place.
Temple & Webster remains focused on delivering revenue growth within its target range for FY26 and achieving its mid-term goal of $1 billion in annual revenue. The company's international expansion into New Zealand is expected to drive incremental costs of $2-3 million in FY26, with revenue expected to ramp more materially from H2 FY26 and into FY27.