Key points
- Revenue of $102.1m, down 10% vs pcp.
- EBITDA+1 of $2.3m, decreased from $13.0m pcp.
- Gross margin of 34.3%, down 170 basis points from 36.0% pcp.
Full summary
RPM Automotive Group Limited (ASX: RPM) reported its financial year ended 30 June 2026 results, showing a revenue of $102.1 million, a 10% decrease from the previous year. EBITDA+1 stood at $2.3 million, down from $13.0 million in FY25, after accounting for $5.2 million of one-off items. Gross margin declined to 34.3% from 36.0%, with net debt at $24.7 million. The company initiated a turnaround program focusing on improving operating performance, strengthening cash generation, and reducing borrowings. The priority areas for FY27 include strengthening cash generation, protecting and expanding gross margin, reducing operating costs, simplifying the supplier and brand portfolio, growing profitable revenue, and improving productivity.
Guidance
FY26 revenue: $102.1m; EBITDA+1: $2.3m; Gross margin: 34.3%
Outlook
RPM Automotive Group expects FY27 to be a transition year as it continues to execute its turnaround program, focusing on strengthening cash generation, protecting and expanding gross margin, and improving productivity.