Trading Update and Anticipated FY26 Results

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Stock Mcpherson's Ltd (MCP.ASX)
Release Time 14 Jul 2026, 8:28 a.m.
Price Sensitive Yes
 Mcpherson's Ltd FY26 Trading Update
Key Points
  • FY26 revenue expected between $115.0m and $120.0m
  • Underlying EBITDA estimated at $4.0m to $4.5m
  • Anticipated non-cash intangible asset impairments of $15.0m to $20.0m
Full Summary

Mcpherson's Limited (ASX:MCP) has provided a preliminary update on its financial performance for the year ended 30 June 2026. The company expects revenue from continuing operations to be between $115.0 million and $120.0 million, down from $139.0 million in FY25. Underlying EBITDA is estimated at $4.0 million to $4.5 million, compared to $7.3 million in FY25. The company anticipates non-cash intangible asset impairments of $15.0 million to $20.0 million, reflecting trading performance relative to plan. Net cash is expected to be $4.5 million as at 30 June 2026, down from $8.8 million in FY25. The company expects to release its audited FY26 results on 27 August 2026.

Guidance

FY26 revenue: $115.0m-$120.0m; Underlying EBITDA: $4.0m-$4.5m

Outlook

Mcpherson's anticipates continued challenges in the transition to the new operating model, with ongoing variability in sales performance.