CTI Logistics (CLX) H1 2026 earnings summary

Executive summary

• Achieved strong operational execution and strategic investments, materially beating earnings expectations for 1H26.

• Revenue for the half year ended 31 December 2025 increased by 7.6% to $178.4m year-over-year, driven by higher customer demand across transport and logistics segments.

• EBITDA (excluding a $2.1m impairment reversal) rose 25.2% to $35.5m compared to the prior year.

• Net assets increased by 7% to $137.4m, mainly due to half-year profit after tax.

• Continued investment in people, equipment, and technology, with ongoing assessment of acquisition opportunities.

Financial highlights

• Revenue rose 7.6% year-over-year to $178.4m.

• EBITDA (excluding impairment reversal) increased 25.2% to $35.5m, and PBT grew 64.2% to $15.3m.

• Net profit after tax was $12.8m, up from $7.1m in the prior year.

• Fully franked interim dividend of 16.0 cps, up 20% from prior year.

• NTA increased 11% to $185m ($2.36/share).

Outlook and guidance

• Positive outlook driven by population growth, regional development, and online spending.

• Ongoing industry consolidation anticipated as operators seek scale.

• Continued organic growth leveraging expanded capacity and ongoing review of synergistic acquisitions.