Motorcycle Holdings (MTO) H2 2025 earnings summary

Executive summary

• Achieved record sales revenue of $650.0 million for FY2025, up 11.6% year-over-year, with double-digit growth in profit and EBITDA.

• Net profit after tax rose 27.7% to $18.0 million, and EPS increased by 27%.

• Market share increased to 16.6% from 15.5%, with record new and used vehicle unit sales in a flat market.

• Completed the strategic acquisition of Peter Stevens and Harley Heaven, expanding national footprint and brand portfolio.

• Enhanced digital engagement drove a 59% increase in eCommerce sales.

Financial highlights

• Sales revenue rose 11.6% to $650.0m in FY2025 from $582.3m in FY2024, with all business units posting growth.

• EBITDA increased 12.8% to $51.0 million; EBITDA margin steady at 7.8%.

• Net profit after tax increased 27.7% to $18.0m.

• Net debt reduced by 76.3% to $9.0 million, with $10 million repaid on the bank facility.

• Fully franked dividend increased by 30% to 13 cents per share.

Outlook and guidance

• Anticipates FY2026 market share to exceed 20% following acquisitions.

• Focus on cost management, digital transformation, and e-commerce growth.

• Favourable agricultural conditions expected to boost OHV sales.

• Further growth targeted in used motorcycle sales and contributions from recent acquisitions.

• Continued emphasis on debt management and shareholder returns.