Move Logistics Group Limited (ASX:MOV)

Move Logistics Group Limited reported its interim financial results for the first half of the 2026 financial year, ending 31 December 2025. The group saw a 5% year-over-year decrease in revenue, totaling $141.4 million. Despite challenging market conditions and economic headwinds, the company achieved a significant improvement in normalised earnings before tax (EBT), with a 98% year-over-year increase. Operational improvements and cost management initiatives contributed to a 1 percentage point increase in gross margin percentage, although the gross margin in dollar terms declined by 1%. The company is on track to achieve positive full-year normalised earnings. MOVE has been actively managing its expenses, achieving a $9 million reduction in operating costs year-on-year, with significant savings in people costs and transportation expenses. While the net loss after tax was close to breakeven, the company continues to monitor its capital requirements closely to support its strategic roadmap, which includes a new invoice facility to reduce financing costs.