McMillan Shakespeare (MMS) investor relations material

Executive summary

• Achieved record profit in FY 2026, with NPATA/UNPATA and underlying EPS up 13.8% year-over-year, driven by strong organic growth, customer gains, and strategic execution across all segments.

• Enhanced digital engagement, productivity improvements, and broadened distribution through digital and partner channels led to superior customer experiences.

• Delivered attractive shareholder returns: ROCE at 62.1%, fully franked dividend of AUD 1.32 per share, and a 6.6% dividend yield.

• Oly delivered standout performance with significant growth in novated sales and employer registrations.

Financial highlights

• Revenue rose 6.8% to AUD 602.1 million; operating income up 7.2% to AUD 435.2 million; statutory NPAT up 11.4% to AUD 106.7 million.

• EBITDA increased 14.1% to AUD 180.7 million; operating margin improved by 250 basis points to 41.5%.

• NPATA/UNPATA grew 13.8% to AUD 107.9 million; underlying EPS up 13.8% to AUD 1.55; annual fully franked dividend of AUD 1.32 per share.

• Underlying cash conversion at 111%; net assets increased to AUD 126.4 million.

• GRS UNPATA up 24.9% to AUD 82.5 million.

Outlook and guidance

• Entering FY 2027 with strong momentum, supported by robust novated lease sales, favorable EV policy settings, and scalable platform.

• Demand for novated leasing and fleet management to benefit from EV FBT exemption and cost-of-living pressures.

• Continued disciplined productivity focus, selective reinvestment in sales, and execution of strategic priorities.

• Strategic focus on customer experience, scalable solutions, and technology enablement.