MotorCycle Holdings Ltd FY2026 Annual Report
Key points
- Record sales revenue of $788.7 million, up 21.3%
- Underlying net profit after tax up 42.5% to $25.7 million
- Fully franked dividend of 16.5 cents per share, up 3.5 cents
- Transition to net cash of $13 million from net debt of $9 million
- Clearer identity as a wholesale distributor with significant retail operations
Full summary
MotorCycle Holdings Ltd (ASX:MTO) has released its FY2026 Annual Report, showcasing significant growth and financial strength. The company reported record sales revenue of $788.7 million, a 21.3% increase from the previous year. Underlying net profit after tax rose 42.5% to $25.7 million, and underlying EBITDA increased 27.6% to $65.1 million. The Board declared a fully franked dividend of 16.5 cents per share, up 3.5 cents from the prior year. The company also turned its net debt into net cash of $13 million. The Annual Report highlights the company's strategic focus on its wholesale and retail operations, with a clearer identity as a wholesale distributor with significant retail operations. The company also addressed historical issues related to underpaid leave loading and vehicle registration duty, taking corrective actions and making voluntary disclosures.
Guidance
FY2026: Sales revenue $788.7m, Underlying net profit $25.7m, Dividend 16.5 cents
Outlook
MotorCycle Holdings Ltd plans to invest in technology, people, and property for FY2027, aiming for continued profitable growth and diversification into new vehicle categories.
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