Temple & Webster Group Ltd AGM Presentation and Strategy Update
Key points
- Record FY26 revenue of $665m, up 11% vs pcp
- FY26 EBITDA of $21.9m, representing a margin of 3.3% and growth of 17% vs pcp
- Targeting FY27 EBITDA of $33 - 40m, an increase of approximately 50 - 80% over FY26
Full summary
Temple & Webster Group Ltd held its FY26 Annual General Meeting, reporting record revenue of $665 million, an 11% increase over the previous year. EBITDA stood at $21.9 million, up 17% and representing a 3.3% margin. The company also announced a new board structure, effective from July 2026, and the appointment of Susie Sugden as CEO. The company is focusing on sustainable top-line and bottom-line growth, targeting a FY27 EBITDA of $33 - 40 million, a 50 - 80% increase over FY26. The company is also prioritizing the mass-mid market customer, reducing entry-level ranges, and leveraging AI to enhance customer experience and operational efficiency.
Guidance
FY27 EBITDA expected to be in the range of $33 - 40 million, an increase of approximately 50 - 80% over FY26
Outlook
Temple & Webster Group Ltd is targeting sustainable double-digit revenue growth from FY28, while maintaining improved unit economics. The company plans to expand its market share and profitability through strategic investments in AI, technology, and exclusive product lines.
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