Gumtree Australia Markets Ltd FY26 Preliminary Final Report
Key points
- Successful transformation to a pure play marketplace business
- Total revenues decreased by $4.8 million to $69.6 million
- EBITDA improved to $7.8 million, up 29% on previous period
Full summary
Gumtree Australia Markets Ltd released its Preliminary Final Report for the financial year ended 30 June 2026. The company successfully transitioned to a pure play marketplace business following the divestment of its Capital Markets business in the previous financial year. Total revenues decreased by $4.8 million to $69.6 million, primarily due to a softening advertising market. However, the company reported an EBITDA improvement of 29% to $7.8 million. The Group also generated strong operating cash flows of $7.3 million, up 27% on the previous period. Additionally, the Group materially deleveraged, repaying $4.9 million to the Commonwealth Bank of Australia and securing a new funding facility of $1.4 million from major shareholders.
Guidance
EBITDA improved to $7.8 million, up 29% on previous period
Outlook
Gumtree Australia Markets Ltd plans to streamline operations and focus on core strengths to increase profitability levels in FY27.
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