Motorcycle Holdings (MTO) H2 2025 earnings summary

Executive summary

• Achieved strong organic and double-digit growth in FY 2025, with revenue up 11.6% and profit after tax up 27.7% year-over-year.

• Record new and used vehicle unit sales, increasing market share to 16.6% in a flat market.

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

• Expanded product categories, including new electric motorcycle brands and strong wholesale distribution growth.

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

Financial highlights

• Revenue reached a record $650 million, up 11.6% year-over-year, with all business units posting growth.

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

• EBITDA increased by 12.8% to $51.0m, and EPS rose by 27% to 24.4 cents.

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

• Full-year dividend increased by 30% to 13.0 cents per share, fully franked.

Outlook and guidance

• Anticipates FY 2026 market share to exceed 20% following acquisitions.

• Focus on increasing used-to-new sales ratio and further improving service business profitability.

• Emphasis on digital and data transformation, with a new executive appointed to lead these initiatives.

• Positive start to FY 2026, with early momentum in both retail and wholesale segments.

• Favourable agricultural conditions expected to boost OHV sales and support demand.