Key points
- FY26 loss after tax reduced by 95% to $0.8 million
- Revenue down 6.8% to $39.2 million
- Successful cost reduction program and strategic partnership with JB Group
- Launch of MyWay Mutual improved margin profile
- Second-half net profit after tax of $2.1 million
Full summary
Camplify Holdings Ltd's FY26 Preliminary Final Report highlights a significant improvement in financial performance, with the loss after tax reducing by 95% to $0.8 million from $16.5 million in FY25. Revenue decreased by 6.8% to $39.2 million, reflecting a deliberate shift towards higher-margin, recurring revenue streams. The company successfully executed a cost reduction program, reducing employee, marketing, and overhead costs by over $10 million. The launch of MyWay Mutual, a member-backed mutual structure, transformed the margin profile of the company's protection products. The second half of the financial year saw a net profit after tax of $2.1 million and adjusted EBITDA of $3.5 million, demonstrating the effectiveness of the strategic initiatives. The company entered FY27 with a positive outlook, supported by a $10.0 million cash balance and no debt.
Guidance
FY27 revenue expected to grow modestly; adjusted EBITDA positive at $0.3 million
Outlook
Camplify Holdings Ltd expects modest growth across all key revenue streams in FY27, with the second half of FY26 serving as a strong template for the upcoming financial year.