MotorCycle Holdings Earnings Call Transcripts
Fiscal Year 2026
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Record half-year revenue and profit growth were achieved, driven by organic momentum and the Peter Stevens and Harley-Davidson acquisition. Gross margin and market share improved, with strong performance across all segments and a positive outlook supported by digital transformation and cost management.
Fiscal Year 2025
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Delivered record revenue and profit growth in FY 2025, driven by strong organic performance and strategic acquisitions. Market share reached 16.6%, with further gains expected in FY 2026. Net debt was significantly reduced, and the outlook remains positive.
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The acquisition of select Peter Stevens and Harley Heaven dealerships expands national reach, increases market share to 20%, and is expected to be EPS accretive by H1 FY26. The deal is funded from cash reserves, retains key staff, and targets operational synergies and backend efficiencies.
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Revenue rose 12% to AUD 328M and net profit after tax jumped 42% to AUD 9.4M, driven by strong new and used vehicle sales, e-commerce growth, and operational efficiencies. Debt was reduced by 36%, and an increased interim dividend was declared.
Fiscal Year 2024
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FY2024 saw resilient performance amid industry headwinds, with sales up 1% to AUD 582 million and market share gains, but net profit fell 39% due to margin compression and higher costs. Investments in technology and new dealerships position the business for improved results in FY2025.