Key points
- Revenue decreased by 10% to $102 million
- EBITDA dropped by 82% to $2.3 million
- Net loss from continuing operations was $9.4 million
- No dividends declared for FY26
- Management plans to focus on stabilizing, restructuring, rebuilding, and growing
Full summary
RPM Automotive Group Ltd's financial year ending 30 June 2026 showed a decline in revenue by 10% to $102 million and a substantial drop in EBITDA by 82% to $2.3 million. The company reported a net loss from continuing operations of $9.4 million, a stark contrast to the $5.6 million profit in the previous year. The total comprehensive loss for the year was $12 million. The company did not declare any dividends for FY26. Management is focusing on a strategic framework to stabilize, restructure, rebuild, and grow the company. The company is also strengthening its reporting, forecasting, and operational oversight to improve performance and accountability.
Outlook
RPM Automotive Group Ltd expects FY27 to be a transition year with continued focus on strengthening cash generation, improving margins, and enhancing inventory and capital efficiency.